Truxton Co. (OTCMKTS:TRUX) Sees Large Decline in Short Interest

Truxton Co. (OTCMKTS:TRUX) was the recipient of a significant decline in short interest in February. As of February 15th, there was short interest totalling 300 shares, a decline of 70.0% from the January 31st total of 1,000 shares. Based on an average trading volume of 400 shares, the short-interest ratio is currently 0.8 days.

Truxton Trading Down 0.9 %

TRUX stock opened at $79.25 on Friday. The business’s 50-day moving average price is $75.35 and its two-hundred day moving average price is $72.90. The firm has a market cap of $227.29 million, a PE ratio of 12.50 and a beta of 0.64. Truxton has a 1-year low of $60.00 and a 1-year high of $81.45.

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

Truxton Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 25th. Investors of record on Tuesday, March 11th will be issued a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 5.05%. The ex-dividend date of this dividend is Tuesday, March 11th. Truxton’s payout ratio is currently 31.55%.

Truxton Company Profile

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.