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

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

Texas Capital Bancshares Stock Up 0.8%

TCBIO stock opened at $20.44 on Tuesday. Texas Capital Bancshares has a 1 year low of $18.11 and a 1 year high of $22.71. The company has a fifty day simple moving average of $19.78 and a 200 day simple moving average of $20.15.

Texas Capital Bancshares Dividend Announcement

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

About Texas Capital Bancshares

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.