TC Bancshares, Inc. (NASDAQ:TCBC) Short Interest Update

TC Bancshares, Inc. (NASDAQ:TCBC) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totaling 3,100 shares, anincreaseof416.7% from the July 15th total of 600 shares. Approximately0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 51,600 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 51,600 shares, the short-interest ratio is presently 0.1 days. Approximately0.1% of the company’s shares are sold short.

TC Bancshares Stock Down 0.5%

Shares of TCBC stock opened at $19.49 on Friday. The firm’s 50 day moving average price is $17.23 and its two-hundred day moving average price is $16.16. TC Bancshares has a fifty-two week low of $14.87 and a fifty-two week high of $20.20.

TC Bancshares Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, July 18th. Investors of record on Friday, July 4th were issued a dividend of $0.05 per share. The ex-dividend date was Thursday, July 3rd. This represents a dividend yield of 63.0%.

About TC Bancshares

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.