Texas Capital Bancshares, Inc. (NASDAQ:TCBIO) Short Interest Update

Texas Capital Bancshares, Inc. (NASDAQ:TCBIO) was the target of a significant increase in short interest in February. As of February 15th, there was short interest totalling 31,400 shares, an increase of 71.6% from the January 31st total of 18,300 shares. Based on an average daily volume of 25,600 shares, the short-interest ratio is currently 1.2 days.

Texas Capital Bancshares Stock Performance

Shares of TCBIO stock traded down $0.09 during trading hours on Friday, reaching $21.10. 21,436 shares of the company’s stock were exchanged, compared to its average volume of 18,193. Texas Capital Bancshares has a fifty-two week low of $18.15 and a fifty-two week high of $22.71. The stock’s 50 day moving average is $20.59 and its 200-day moving average is $20.83.

Texas Capital Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.3594 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 6.81%. The ex-dividend date is Monday, March 3rd.

About Texas Capital Bancshares

Texas Capital Bancshares, Inc operates as the bank holding company for Texas Capital Bank, is a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs, and individual customers. The company offers commercial banking; consumer banking; investment banking solutions, including capital markets, mergers and acquisitions, and syndicated finance, as well as financial sponsor coverage, capital solutions, and institutional services; and wealth management services, such as investment management, financial planning, lockbox and insurance, securities-based lending, estate planning, and business succession, as well as philanthropic, trustee and executor, custom credit, and depository services.