Truxton Co. (OTCMKTS:TRUX) Sees Significant Drop in Short Interest

Truxton Co. (OTCMKTS:TRUX) was the target of a large decrease in short interest in 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 trading volume of 400 shares, the short-interest ratio is presently 0.8 days.

Truxton Stock Performance

Shares of OTCMKTS:TRUX opened at $78.50 on Friday. The business’s fifty day moving average price is $75.55 and its two-hundred day moving average price is $73.02. The stock has a market cap of $225.14 million, a PE ratio of 12.38 and a beta of 0.64. Truxton has a one year low of $60.00 and a one year high of $81.45.

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

Truxton Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Tuesday, March 11th will be issued a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 5.10%. The ex-dividend date is Tuesday, March 11th. Truxton’s dividend payout ratio (DPR) is presently 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.