Truxton Corp. (OTCMKTS:TRUX) Short Interest Down 87.5% in July

Truxton Corp. (OTCMKTS:TRUX) was the recipient of a large decrease in short interest in July. As of July 31st, there was short interest totaling 100 shares, adecreaseof87.5% from the July 15th total of 800 shares. Currently,0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,000 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 2,000 shares, the short-interest ratio is presently 0.1 days. Currently,0.0% of the shares of the stock are sold short.

Truxton Stock Up 1.0%

Shares of TRUX opened at $82.12 on Friday. The firm has a 50-day moving average price of $80.09 and a 200 day moving average price of $77.10. The firm has a market capitalization of $236.51 million, a PE ratio of 11.90 and a beta of 0.52. Truxton has a 52-week low of $64.76 and a 52-week high of $84.50.

Truxton (OTCMKTS:TRUX) last posted its quarterly earnings data on Thursday, July 24th. The financial services provider reported $1.84 earnings per share for the quarter. The business had revenue of $14.60 million for the quarter.

Truxton Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 10th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 2.4%. Truxton’s payout ratio is 28.99%.

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.