Truxton Co. (OTCMKTS:TRUX) Short Interest Down 66.7% in March

Truxton Co. (OTCMKTS:TRUX) saw a significant decline in short interest in the month of March. As of March 31st, there was short interest totalling 100 shares, a decline 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 currently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Truxton Price Performance

OTCMKTS TRUX traded down $0.05 during mid-day trading on Thursday, reaching $73.45. 402 shares of the stock were exchanged, compared to its average volume of 839. The stock has a 50 day simple moving average of $76.07 and a 200-day simple moving average of $74.40. Truxton has a one year low of $61.59 and a one year high of $82.00. The stock has a market cap of $211.68 million, a P/E ratio of 11.59 and a beta of 0.56.

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

Truxton Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 25th. Shareholders of record on Tuesday, March 11th were issued a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 5.45%. The ex-dividend date of this dividend was Tuesday, March 11th. Truxton’s payout ratio is 31.55%.

About Truxton

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.