Short Interest in TC Bancshares, Inc. (NASDAQ:TCBC) Rises By 160.0%

Key Points

• Short interest in TC Bancshares, Inc. rose by 160.0% in September, increasing from 1,000 to 2,600 shares as of September 15th.
• The stock traded at $20.40 with a 50-day moving average of $20.17 and a 200-day moving average of $17.20.
• TC Bancshares operates as the holding company for TC Federal Bank, offering various banking services to individual and commercial customers in the U.S.

TC Bancshares, Inc. (NASDAQ:TCBC - ) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 2,600 shares, a growth of 160.0% from the August 31st total of 1,000 shares. Based on an average daily trading volume, of 16,100 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 16,100 shares, the days-to-cover ratio is presently 0.2 days.

TC Bancshares Stock Performance

TCBC stock traded up $0.05 during midday trading on Friday, hitting $20.40. 1,800 shares of the stock were exchanged, compared to its average volume of 11,151. The stock's 50-day moving average price is $20.17 and its 200-day moving average price is $17.20. TC Bancshares has a fifty-two week low of $14.87 and a fifty-two week high of $21.50.

TC Bancshares Company Profile

TC Bancshares, Inc operates as the holding company for TC Federal Bank that provides various banking services for individual and commercial customers in the United States. It accepts various deposit products, including personal checking accounts, business checking accounts, savings accounts, money market accounts, and certificates of deposit.

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