Truxton Corp. (OTCMKTS:TRUX) Short Interest Up 100.0% in July

Key Points

• Short interest in Truxton Corp. increased by 100% in July, rising from 400 to 800 shares, indicating growing investor sentiment against the stock.
• The company's stock price is currently at $81.00, reflecting a stable trading volume and a market capitalization of approximately $233.04 million.
• Truxton announced a quarterly dividend of $0.50 per share, set to be distributed on September 24th, representing an annual yield of 2.47%.

Truxton Corp. (OTCMKTS:TRUX - Get Free Report) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 800 shares, agrowthof100.0% from the June 30th total of 400 shares. Based on an average daily trading volume, of 900 shares, the short-interest ratio is presently 0.9 days. Approximately0.0% of the company's stock are short sold. Approximately0.0% of the company's stock are short sold. Based on an average daily trading volume, of 900 shares, the short-interest ratio is presently 0.9 days.

Truxton Price Performance

Shares of OTCMKTS:TRUX remained flat at $81.00 during trading on Friday. 267 shares of the stock were exchanged, compared to its average volume of 763. The company has a market cap of $233.28 million, a PE ratio of 11.74 and a beta of 0.52. Truxton has a 52 week low of $64.75 and a 52 week high of $82.85. The firm has a 50 day simple moving average of $78.71 and a 200-day simple moving average of $76.52.

Truxton (OTCMKTS:TRUX - Get Free Report) last announced its quarterly earnings data on Thursday, July 24th. The financial services provider reported $1.84 EPS for the quarter. The firm had revenue of $14.60 million during the quarter.

Truxton Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 10th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 2.5%. Truxton's dividend payout ratio is currently 28.99%.

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.