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

Texas Capital Bancshares, Inc. (NASDAQ:TCBIO) was the recipient of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 13,500 shares, a growth of 53.4% from the May 15th total of 8,800 shares. Based on an average trading volume of 25,000 shares, the days-to-cover ratio is currently 0.5 days.

Texas Capital Bancshares Stock Performance

NASDAQ:TCBIO opened at $20.44 on Tuesday. The firm’s 50-day moving average is $19.78 and its 200-day moving average is $20.15. Texas Capital Bancshares has a 52-week low of $18.11 and a 52-week high of $22.71.

Texas Capital Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 16th. Stockholders of record on Monday, June 2nd were issued a dividend of $0.3594 per share. The ex-dividend date was Monday, June 2nd. This represents a $1.44 annualized dividend and a dividend yield of 7.03%.

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.