Truxton Co. (OTCMKTS:TRUX) Sees Significant Growth in Short Interest

Truxton Co. (OTCMKTS:TRUX) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 500 shares, an increase of 25.0% from the November 30th total of 400 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is currently 0.8 days.

Truxton Stock Performance

Shares of TRUX opened at $73.80 on Friday. Truxton has a twelve month low of $60.00 and a twelve month high of $75.25. The firm has a market capitalization of $211.66 million, a P/E ratio of 12.18 and a beta of 0.65. The firm’s 50-day moving average is $73.45 and its two-hundred day moving average is $69.45.

Truxton (OTCMKTS:TRUX) last released its quarterly earnings results on Thursday, October 17th. The financial services provider reported $1.57 earnings per share for the quarter. The firm had revenue of $12.22 million during the quarter.

Truxton Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Tuesday, December 10th were given a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.33%. The ex-dividend date of this dividend was Tuesday, December 10th. Truxton’s dividend payout ratio is currently 28.38%.

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.