Trans-Lux Co. (OTCMKTS:TNLX) Short Interest Up 900.0% in June

Trans-Lux Co. (OTCMKTS:TNLXGet Free Report) was the recipient of a significant increase in short interest in the month of June. As of June 15th, there was short interest totalling 1,000 shares, an increase of 900.0% from the May 31st total of 100 shares. Based on an average daily volume of 700 shares, the days-to-cover ratio is currently 1.4 days.

Trans-Lux Price Performance

Shares of OTCMKTS:TNLX opened at $0.90 on Friday. Trans-Lux has a fifty-two week low of $0.35 and a fifty-two week high of $0.95. The firm’s 50-day simple moving average is $0.88 and its 200-day simple moving average is $0.79.

Trans-Lux (OTCMKTS:TNLXGet Free Report) last announced its quarterly earnings data on Wednesday, May 15th. The technology company reported ($0.09) earnings per share for the quarter. The business had revenue of $2.62 million during the quarter.

Trans-Lux Company Profile

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Trans-Lux Corporation designs and manufactures digital display solutions and fixed digit scoreboards. It operates in two segments, Digital Product Sales; and Digital Product Lease and Maintenance. The Digital Product Sales segment sells indoor and outdoor digital product signage products. The Digital Product Lease and Maintenance segment is involved in the lease and maintenance of indoor and outdoor digital product signage.

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