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

Truxton Co. (OTCMKTS:TRUX) was the target of a significant drop in short interest in March. As of March 31st, there was short interest totalling 100 shares, a drop of 66.7% from the March 15th total of 300 shares. Based on an average trading volume of 1,000 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Truxton Stock Performance

Shares of OTCMKTS TRUX traded up $1.25 during mid-day trading on Tuesday, reaching $73.50. The company’s stock had a trading volume of 108 shares, compared to its average volume of 863. The stock has a market capitalization of $211.83 million, a P/E ratio of 11.59 and a beta of 0.56. Truxton has a 1-year low of $61.59 and a 1-year high of $82.00. The stock has a 50-day moving average of $76.17 and a two-hundred day moving average of $74.42.

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

Truxton Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 25th. Investors of record on Tuesday, March 11th were issued a dividend of $1.00 per share. The ex-dividend date was Tuesday, March 11th. This represents a $4.00 annualized dividend and a dividend yield of 5.44%. Truxton’s dividend payout ratio is 31.55%.

Truxton Company Profile

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.