Truxton Co. (OTCMKTS:TRUX) Sees Significant Increase in Short Interest

Truxton Co. (OTCMKTS:TRUX) was the target of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 300 shares, a growth of 50.0% from the February 28th total of 200 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 3,100 shares, the short-interest ratio is presently 0.1 days.

Truxton Stock Performance

TRUX stock opened at $74.00 on Tuesday. The company has a market cap of $213.27 million, a price-to-earnings ratio of 11.67 and a beta of 0.67. The business’s 50-day moving average is $76.60 and its two-hundred day moving average is $74.26. Truxton has a fifty-two week low of $61.59 and a fifty-two week high of $82.00.

Truxton (OTCMKTS:TRUX) last released its quarterly earnings results on Thursday, January 30th. The financial services provider reported $1.74 earnings per share for the quarter.

Truxton Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 25th. Stockholders of record on Tuesday, March 11th were given a dividend of $1.00 per share. The ex-dividend date was Tuesday, March 11th. This represents a $4.00 annualized dividend and a dividend yield of 5.41%. Truxton’s payout ratio is 31.55%.

About Truxton

Truxton Corporation, through its subsidiaries, provides various banking, investment management, and trust administration services to individuals, businesses, and charitable institutions in the United States. The company offers deposit products, including demand, money market accounts, and certificates of deposit.