Texas Capital Bancshares, Inc. shares had a trading volume of 1,400 by the end of trading on Tuesday. Volume was down 85.77% under the stocks average daily volume.
Investors are feeling more bullish on shares of the company lately if you consider the decrease in short interest. The company had a fall in short interest of -66.53% as of the latest report on October 13, 2017. Short shares fell from 5,939 to 1,988 over that period. With short interest at 1,988 and short average daily volume at 2,612, the short-interest ratio is 1.0 and the percentage of shorted shares was 0.00% on October 13.
The company is trading up from yesterday’s close of $25.73. The stock is trading at $25.73 a bit higher than the 50 day moving average of $25.40 and just a bit higher than the 200 day moving average of $25.38. The 50 day moving average went up $0.33 or +1.28% whereas the 200 day average was up by +1.38%.
The P/E ratio is 7.14 and market cap 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