Texas Capital Bancshares, Inc. (NASDAQ:TCBIO) Short Interest Update

Texas Capital Bancshares, Inc. (NASDAQ:TCBIO) saw a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 13,900 shares, a growth of 231.0% from the October 15th total of 4,200 shares. Based on an average trading volume of 28,600 shares, the short-interest ratio is currently 0.5 days.

Texas Capital Bancshares Stock Performance

Shares of NASDAQ TCBIO traded up $0.27 during midday trading on Wednesday, hitting $21.30. The stock had a trading volume of 1,145 shares, compared to its average volume of 25,213. Texas Capital Bancshares has a 1-year low of $17.59 and a 1-year high of $22.71. The company has a fifty day moving average price of $21.32 and a 200 day moving average price of $20.26.

Texas Capital Bancshares Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Monday, December 2nd will be paid a dividend of $0.3594 per share. This represents a $1.44 annualized dividend and a yield of 6.75%. The ex-dividend date is Monday, December 2nd.

Texas Capital Bancshares Company Profile

Texas Capital Bancshares, Inc operates as the bank holding company for Texas Capital Bank, is a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs, and individual customers. The company offers commercial banking; consumer banking; investment banking solutions, including capital markets, mergers and acquisitions, and syndicated finance, as well as financial sponsor coverage, capital solutions, and institutional services; and wealth management services, such as investment management, financial planning, lockbox and insurance, securities-based lending, estate planning, and business succession, as well as philanthropic, trustee and executor, custom credit, and depository services.