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

Texas Capital Bancshares, Inc. (NASDAQ:TCBIO) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 4,200 shares, an increase of 61.5% from the September 30th total of 2,600 shares. Based on an average daily volume of 30,300 shares, the days-to-cover ratio is presently 0.1 days.

Texas Capital Bancshares Trading Up 1.4 %

NASDAQ:TCBIO opened at $21.72 on Friday. Texas Capital Bancshares has a twelve month low of $15.52 and a twelve month high of $22.71. The stock has a fifty day simple moving average of $21.14 and a 200-day simple moving average of $20.07.

Texas Capital Bancshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Monday, December 2nd will be paid a $0.3594 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 6.62%. The ex-dividend date of this dividend is Monday, December 2nd.

Texas Capital Bancshares Company Profile

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.