Texas Capital Bancshares, Inc. (NASDAQ:TCBIO) Sees Large Growth in Short Interest

Texas Capital Bancshares, Inc. (NASDAQ:TCBIO) was the target of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 11,600 shares, a growth of 43.2% from the September 15th total of 8,100 shares. Based on an average trading volume of 28,200 shares, the days-to-cover ratio is presently 0.4 days. Based on an average trading volume of 28,200 shares, the days-to-cover ratio is presently 0.4 days.

Texas Capital Bancshares Trading Down 0.8%

Shares of Texas Capital Bancshares stock opened at $20.46 on Thursday. The business’s fifty day simple moving average is $20.90 and its 200 day simple moving average is $20.42. Texas Capital Bancshares has a 12 month low of $18.11 and a 12 month high of $21.87.

Texas Capital Bancshares (NASDAQ:TCBIO) last issued its earnings results on Wednesday, January 18th. The company reported $1.19 earnings per share (EPS) for the quarter. The firm had revenue of $242.04 million during the quarter.

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.