Short Interest in Trans-Lux Co. (OTCMKTS:TNLX) Rises By 900.0%

Trans-Lux Co. (OTCMKTS:TNLXGet Free Report) saw a large growth in short interest during the month of July. As of July 15th, there was short interest totalling 1,000 shares, a growth of 900.0% from the June 30th total of 100 shares. Based on an average daily volume of 700 shares, the days-to-cover ratio is presently 1.4 days.

Trans-Lux Stock Performance

Shares of OTCMKTS TNLX opened at $0.95 on Friday. Trans-Lux has a twelve month low of $0.35 and a twelve month high of $0.95. The business has a 50 day simple moving average of $0.86 and a 200-day simple moving average of $0.80.

Trans-Lux (OTCMKTS:TNLXGet Free Report) last issued its quarterly earnings results on Wednesday, May 15th. The technology company reported ($0.09) earnings per share for the quarter. The firm had revenue of $2.62 million during the quarter.

About Trans-Lux

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Trans-Lux Corporation designs and manufactures digital display solutions and fixed digit scoreboards. It operates in two segments, Digital Product Sales; and Digital Product Lease and Maintenance. The Digital Product Sales segment sells indoor and outdoor digital product signage products. The Digital Product Lease and Maintenance segment is involved in the lease and maintenance of indoor and outdoor digital product signage.

Further Reading

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