Texas Capital Bancshares, Inc. shares had a trading volume of 1,400 on Tuesday. Trading volume was down 85.77% under the stocks average daily volume.
Traders are a little more bullish on Texas Capital Bancshares, Inc. of late if you take a look at the decrease in short interest. The firm saw a fall in short interest of -66.53% between September 29, 2017 and October 13, 2017. Short shares fell 3,951 over that period. The days to cover decreased to 1.0 and the percentage of shorted shares was 0.00% on October 13.
In the market the company is trading up from yesterday’s close of $25.73. Shares of the company are trading at $25.73 which is a tad above the 50 day moving average which is $25.40 and which is marginally higher than the 200 day moving average of $25.38. The 50 day moving average was up $0.33 and the 200 day average moved up $0.35.
The most current P/E ratio is 7.14 and the market cap of the company is 1.28B.
Texas Capital Bancshares, Inc., launched on November 20, 1996, is a bank holding and a financial holding company. The Company is the parent of Texas Capital Bank, National Association (the Bank). The Company offers a range of loan, deposit account and other financial products and services to its customers. The Company offers a range of products and services for its business customers, including commercial loans for general corporate purposes, including financing for working capital, internal growth, acquisitions and financing for business insurance premiums; real estate term and construction loans; mortgage finance lending; mortgage correspondent aggregation; equipment leasing; medium- and long-term tax-exempt loans for municipalities and other governmental and tax-exempt entities; treasury management services; wealth management and trust services, and letters of credit. The Company also provides banking services for its individual customers, including personal wealth management and trust services; certificates of deposit; interest-bearing and non-interest-bearing checking accounts with optional features, such as Visa debit/automated teller machine (ATM) cards and overdraft protection; traditional money market and savings accounts; loans, both secured and unsecured, and Internet banking..Advertisement