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

Texas Capital Bancshares, Inc. (NASDAQ:TCBIO) was the target of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 1,833 shares, a decline of 76.8% from the May 31st total of 7,906 shares. Based on an average trading volume of 13,179 shares, the days-to-cover ratio is currently 0.1 days.

Texas Capital Bancshares Stock Up 0.2%

Shares of Texas Capital Bancshares stock traded up $0.05 on Monday, reaching $20.30. 1,179 shares of the company were exchanged, compared to its average volume of 26,425. Texas Capital Bancshares has a fifty-two week low of $19.78 and a fifty-two week high of $22.94. The stock has a fifty day moving average price of $21.05 and a 200-day moving average price of $21.27.

Texas Capital Bancshares Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were issued a dividend of $0.3594 per share. This represents a $1.44 annualized dividend and a yield of 7.1%. The ex-dividend date was Monday, June 1st.

Texas Capital Bancshares Company Profile

Texas Capital Bancshares, Inc is a Dallas-based bank holding company whose principal subsidiary, Texas Capital Bank, N.A., delivers a broad spectrum of commercial banking services. The company specializes in commercial real estate finance, energy lending, equipment financing, public finance and treasury management solutions. In addition to loan products, it offers deposit accounts, private banking and wealth management services designed for corporate, middle-market, small-business and high-net-worth clients.

Founded in 1998, Texas Capital Bancshares has built a network of branch offices and regional service centers across key Texas markets, including Dallas–Fort Worth, Houston, Austin and San Antonio.