TC Bancshares, Inc. (NASDAQ:TCBC) Sees Significant Decline in Short Interest

Get TC Bancshares alerts:TC Bancshares, Inc. (NASDAQ:TCBC - Get Free Report) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 1,000 shares, a drop of 50.0% from the August 15th total of 2,000 shares. Based on an average trading volume of 42,300 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company's stock are sold short. Currently, 0.0% of the company's stock are sold short. Based on an average trading volume of 42,300 shares, the days-to-cover ratio is currently 0.0 days. TC Bancshares Stock Up 0.1%Shares of NASDAQ:TCBC opened at $20.61 on Friday. TC Bancshares has a 52-week low of $14.87 and a 52-week high of $20.72. The company has a 50 day moving average of $18.93 and a two-hundred day moving average of $16.68. TC Bancshares Dividend AnnouncementThe company also recently disclosed a dividend, which was paid on Friday, July 18th. Shareholders of record on Friday, July 4th were given a $0.05 dividend. The ex-dividend date of this dividend was Thursday, July 3rd. This represents a yield of 63.0%. About TC Bancshares (Get Free Report)TC Bancshares, Inc operates as the holding company for TC Federal Bank that provides various banking services for individual and commercial customers in the United States. It accepts various deposit products, including personal checking accounts, business checking accounts, savings accounts, money market accounts, and certificates of deposit.Recommended StoriesFive stocks we like better than TC BancsharesWhat Does Downgrade Mean in Investing?More Than a Rebound: UnitedHealth Is Back in the Game3 Small Caps With Big Return PotentialRide the Luxury Retail Wave with These 3 High-End Brand StocksWhat is a penny stock? A comprehensive guideWall Street Quietly Bets Big on These Chinese Tech GiantsThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in TC Bancshares Right Now?Before you consider TC Bancshares, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and TC Bancshares wasn't on the list.While TC Bancshares currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here