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

Texas Capital Bancshares, Inc. (NASDAQ:TCBIO) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 24,900 shares, a growth of 200.0% from the August 15th total of 8,300 shares. Based on an average daily volume of 31,600 shares, the days-to-cover ratio is currently 0.8 days. Based on an average daily volume of 31,600 shares, the days-to-cover ratio is currently 0.8 days.

Texas Capital Bancshares Trading Down 0.0%

Shares of Texas Capital Bancshares stock opened at $20.84 on Friday. The company has a 50-day simple moving average of $20.61 and a 200 day simple moving average of $20.24. Texas Capital Bancshares has a 12-month low of $18.11 and a 12-month high of $22.71.

Texas Capital Bancshares Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Tuesday, September 2nd will be given a dividend of $0.3594 per share. The ex-dividend date is Tuesday, September 2nd. This represents a $1.44 dividend on an annualized basis and a dividend yield of 6.9%.

Texas Capital Bancshares Company Profile

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.