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

Texas Capital Bancshares, Inc. (NASDAQ:TCBIO) was the recipient of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 13,900 shares, an increase of 231.0% from the October 15th total of 4,200 shares. Based on an average daily volume of 28,600 shares, the short-interest ratio is currently 0.5 days.

Texas Capital Bancshares Price Performance

Shares of NASDAQ TCBIO traded down $0.21 during trading hours on Tuesday, reaching $21.20. 5,718 shares of the stock were exchanged, compared to its average volume of 25,260. Texas Capital Bancshares has a 52 week low of $16.75 and a 52 week high of $22.71. The stock’s fifty day simple moving average is $21.31 and its 200 day simple moving average is $20.24.

Texas Capital Bancshares Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 2nd will be issued a $0.3594 dividend. The ex-dividend date is Monday, December 2nd. This represents a $1.44 annualized dividend and a yield of 6.78%.

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.