Short Interest in Texas Capital Bancshares, Inc. (NASDAQ:TCBIO) Grows By 36.6%

Texas Capital Bancshares, Inc. (NASDAQ:TCBIO) saw a significant growth in short interest in January. As of January 31st, there was short interest totalling 18,300 shares, a growth of 36.6% from the January 15th total of 13,400 shares. Based on an average daily volume of 26,800 shares, the days-to-cover ratio is currently 0.7 days.

Texas Capital Bancshares Stock Up 0.6 %

Shares of TCBIO opened at $21.39 on Friday. The stock has a 50 day moving average of $20.35 and a 200 day moving average of $20.74. Texas Capital Bancshares has a 12 month low of $18.15 and a 12 month high of $22.71.

Texas Capital Bancshares Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be given a dividend of $0.3594 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 6.72%. 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.