Truxton Corp. (OTCMKTS:TRUX) Short Interest Up 100.0% in July

Truxton Corp. (OTCMKTS:TRUX) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totalling 800 shares, a growth of 100.0% from the June 30th total of 400 shares. Based on an average daily volume of 900 shares, the short-interest ratio is currently 0.9 days. Currently, 0.0% of the shares of the company are sold short.

Truxton Trading Up 1.3%

Shares of OTCMKTS:TRUX opened at $81.00 on Thursday. The company has a 50 day moving average of $78.44 and a 200-day moving average of $76.43. Truxton has a twelve month low of $64.75 and a twelve month high of $82.85. The firm has a market cap of $233.28 million, a P/E ratio of 11.74 and a beta of 0.55.

Truxton (OTCMKTS:TRUX) last issued its earnings results on Thursday, July 24th. The financial services provider reported $1.84 earnings per share for the quarter. The business had revenue of $14.60 million for the quarter.

Truxton Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 24th. Investors of record on Wednesday, September 10th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 2.47%. Truxton’s payout ratio is 28.99%.

Truxton Company Profile

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.