Texas Capital Bancshares, Inc. (NASDAQ:TCBIO – Get Free Report) was the target of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 1,833 shares, a decrease of 76.8% from the May 31st total of 7,906 shares. Based on an average trading volume of 13,179 shares, the short-interest ratio is currently 0.1 days.
Texas Capital Bancshares Stock Down 0.3%
Texas Capital Bancshares stock traded down $0.06 during trading hours on Friday, reaching $20.25. 23,912 shares of the company were exchanged, compared to its average volume of 26,638. Texas Capital Bancshares has a 12 month low of $19.78 and a 12 month high of $22.94. The stock has a 50-day moving average of $21.05 and a 200 day moving average of $21.27.
Texas Capital Bancshares Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were paid a $0.3594 dividend. The ex-dividend date was Monday, June 1st. This represents a $1.44 dividend on an annualized basis and a yield of 7.1%.
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.
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