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

Texas Capital Bancshares, Inc. (NASDAQ:TCBIO) saw a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 31,400 shares, an increase of 71.6% from the January 31st total of 18,300 shares. Based on an average daily volume of 25,600 shares, the days-to-cover ratio is currently 1.2 days.

Texas Capital Bancshares Price Performance

NASDAQ:TCBIO traded down $0.09 during mid-day trading on Friday, hitting $21.10. The company’s stock had a trading volume of 21,436 shares, compared to its average volume of 18,193. Texas Capital Bancshares has a 1 year low of $18.15 and a 1 year high of $22.71. The business’s fifty day moving average is $20.59 and its two-hundred day moving average is $20.83.

Texas Capital Bancshares Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be issued a $0.3594 dividend. This represents a $1.44 annualized dividend and a yield of 6.81%. The ex-dividend date is Monday, March 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.