Truxton Co. (OTCMKTS:TRUX) Sees Large Decline in Short Interest

Truxton Co. (OTCMKTS:TRUX) was the target of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 300 shares, a decrease of 70.0% from the January 31st total of 1,000 shares. Based on an average daily volume of 400 shares, the short-interest ratio is presently 0.8 days.

Truxton Stock Performance

TRUX stock opened at $78.50 on Friday. The company has a fifty day moving average price of $75.45 and a 200-day moving average price of $72.94. The company has a market capitalization of $225.14 million, a P/E ratio of 12.38 and a beta of 0.64. Truxton has a 52-week low of $60.00 and a 52-week high of $81.45.

Truxton (OTCMKTS:TRUX) last released its quarterly earnings results on Thursday, January 30th. The financial services provider reported $1.74 earnings per share (EPS) for the quarter.

Truxton Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Tuesday, March 11th will be paid a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 5.10%. The ex-dividend date is Tuesday, March 11th. Truxton’s payout ratio is currently 31.55%.

About Truxton

Truxton Corporation, through its subsidiaries, provides various banking, investment management, and trust administration services to individuals, businesses, and charitable institutions in the United States. The company offers deposit products, including demand, money market accounts, and certificates of deposit.