Tri City Bankshares Co. (OTCMKTS:TRCY – Get Free Report) saw a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 300 shares, a drop of 25.0% from the January 31st total of 400 shares. Based on an average daily volume of 4,400 shares, the days-to-cover ratio is currently 0.1 days.
Tri City Bankshares Price Performance
OTCMKTS:TRCY traded up $0.05 during mid-day trading on Wednesday, reaching $13.95. 1,100 shares of the stock were exchanged, compared to its average volume of 4,814. The business has a fifty day moving average price of $13.94 and a 200 day moving average price of $13.62. Tri City Bankshares has a 1-year low of $10.11 and a 1-year high of $14.50.
Tri City Bankshares Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 13th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 5.16%. The ex-dividend date was Monday, February 3rd. Tri City Bankshares’s dividend payout ratio is presently 19.36%.
About Tri City Bankshares
Tri City Bankshares Corporation, through its subsidiary, provides various banking products and services primarily in Southeastern Wisconsin. The company accepts checking accounts, savings accounts, money market accounts, youth and health savings accounts, certificates of deposit, and individual retirement accounts.
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