Short Interest in Texas Capital Bancshares, Inc. (NASDAQ:TCBIO) Rises By 191.4%

Texas Capital Bancshares, Inc. (NASDAQ:TCBIO) was the recipient of a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 30,600 shares, a growth of 191.4% from the November 15th total of 10,500 shares. Based on an average trading volume of 28,700 shares, the short-interest ratio is currently 1.1 days.

Texas Capital Bancshares Trading Up 0.1 %

NASDAQ:TCBIO traded up $0.02 during midday trading on Wednesday, reaching $20.27. 20,093 shares of the company traded hands, compared to its average volume of 25,530. The company has a fifty day moving average price of $21.05 and a 200 day moving average price of $20.46. Texas Capital Bancshares has a twelve month low of $18.00 and a twelve month high of $22.71.

Texas Capital Bancshares Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Monday, December 2nd will be issued a dividend of $0.3594 per share. This represents a $1.44 annualized dividend and a dividend yield of 7.09%. The ex-dividend date is Monday, December 2nd.

Texas Capital Bancshares Company Profile

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.