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 in June. As of June 15th, there was short interest totalling 7,800 shares, an increase of 225.0% from the May 31st total of 2,400 shares. Based on an average daily trading volume, of 19,400 shares, the days-to-cover ratio is presently 0.4 days.

Texas Capital Bancshares Stock Performance

Shares of NASDAQ TCBIO traded down $0.23 during trading on Friday, reaching $18.91. The company had a trading volume of 44,103 shares, compared to its average volume of 23,681. The stock has a 50-day moving average price of $19.25 and a two-hundred day moving average price of $19.43. Texas Capital Bancshares has a twelve month low of $15.52 and a twelve month high of $21.19.

Texas Capital Bancshares Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 17th. Stockholders of record on Monday, June 3rd were given a $0.3594 dividend. This represents a $1.44 annualized dividend and a dividend yield of 7.60%. The ex-dividend date was Monday, June 3rd.

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.