Trans-Lux Co. (OTCMKTS:TNLX) Sees Large Increase in Short Interest

Trans-Lux Co. (OTCMKTS:TNLX) was the target of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 400 shares, a growth of 100.0% from the January 15th total of 200 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 4.0 days.

Trans-Lux Price Performance

Shares of TNLX stock remained flat at $0.51 during mid-day trading on Friday. The firm has a market cap of $6.86 million, a P/E ratio of -1.54 and a beta of -0.74. The business’s fifty day moving average price is $0.47 and its 200-day moving average price is $0.64. Trans-Lux has a 1-year low of $0.33 and a 1-year high of $0.95.

Trans-Lux Company Profile

Trans-Lux Corporation engages in the design and manufacture of 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.