Truxton Co. (OTCMKTS:TRUX) Sees Significant Drop in Short Interest

Truxton Co. (OTCMKTS:TRUX) was the recipient of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 300 shares, a decrease of 70.0% from the January 31st total of 1,000 shares. Based on an average trading volume of 400 shares, the short-interest ratio is presently 0.8 days.

Truxton Stock Down 0.9 %

TRUX opened at $78.50 on Friday. The business has a 50 day moving average price of $75.55 and a two-hundred day moving average price of $73.02. The company has a market cap of $225.14 million, a PE ratio of 12.38 and a beta of 0.64. Truxton has a 52 week low of $60.00 and a 52 week high of $81.45.

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

Truxton Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Tuesday, March 11th will be paid a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 5.10%. The ex-dividend date of this dividend is Tuesday, March 11th. Truxton’s dividend payout ratio (DPR) 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.