Tri City Bankshares Co. (OTCMKTS:TRCY) Short Interest Up 200.0% in August

Tri City Bankshares Co. (OTCMKTS:TRCY) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 300 shares, an increase of 200.0% from the August 15th total of 100 shares. Based on an average daily trading volume, of 1,600 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 1,600 shares, the days-to-cover ratio is currently 0.2 days.

Tri City Bankshares Stock Down 0.1%

Shares of Tri City Bankshares stock opened at $16.38 on Friday. The business’s fifty day moving average price is $15.61 and its two-hundred day moving average price is $14.55. Tri City Bankshares has a 1-year low of $12.80 and a 1-year high of $16.49.

Tri City Bankshares Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, August 7th. Shareholders of record on Tuesday, July 29th were paid a dividend of $0.18 per share. This represents a yield of 458.0%. The ex-dividend date of this dividend was Monday, July 28th. Tri City Bankshares’s dividend payout ratio (DPR) is presently 19.36%.

About Tri City Bankshares

Tri City Bankshares Corporation, through its subsidiary, provides various banking products and services primarily in Southeastern Wisconsin. The company accepts checking accounts, savings accounts, money market accounts, youth and health savings accounts, certificates of deposit, and individual retirement accounts.