Trinity Bank, N.A. (OTCMKTS:TYBT) Sees Large Growth in Short Interest

Trinity Bank, N.A. (OTCMKTS:TYBT) saw a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 200 shares, a growth of 100.0% from the October 31st total of 100 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is presently 0.7 days.

Trinity Bank, N.A. Stock Performance

Shares of OTCMKTS TYBT remained flat at $83.00 during midday trading on Friday. The stock had a trading volume of 1 shares, compared to its average volume of 204. The business’s fifty day moving average is $83.52 and its 200 day moving average is $85.44. The stock has a market cap of $89.23 million, a price-to-earnings ratio of 11.14 and a beta of 0.02. Trinity Bank, N.A. has a fifty-two week low of $80.00 and a fifty-two week high of $95.00.

Trinity Bank, N.A. (OTCMKTS:TYBT) last released its earnings results on Tuesday, October 29th. The company reported $1.86 earnings per share for the quarter. The firm had revenue of $4.54 million during the quarter.

Trinity Bank, N.A. Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th were paid a dividend of $0.93 per share. This is an increase from Trinity Bank, N.A.’s previous dividend of $0.88. This represents a yield of 2.08%. The ex-dividend date of this dividend was Tuesday, October 15th. Trinity Bank, N.A.’s payout ratio is 24.97%.

Trinity Bank, N.A. Company Profile

Trinity Bank, N.A. provides personal and business banking products and services in Texas. It provides personal and business deposits, such as checking and money market accounts; treasury tax and loan deposits; mobile deposits; certificates of deposit; and automobile, secured/unsecured, home improvement, lots and interim construction, installment/term, equipment, and real estate loans, as well as revolving lines of credit.