Short Interest in Trans-Lux Co. (OTCMKTS:TNLX) Drops By 50.0%

Trans-Lux Co. (OTCMKTS:TNLX) was the recipient of a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 100 shares, a drop of 50.0% from the March 31st total of 200 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 0.5 days.

Trans-Lux Price Performance

Shares of TNLX remained flat at $0.80 during mid-day trading on Friday. The stock had a trading volume of 6,100 shares, compared to its average volume of 71. Trans-Lux has a 52 week low of $0.30 and a 52 week high of $0.95. The company has a market cap of $10.80 million, a PE ratio of -4.00 and a beta of -0.59. The firm’s 50 day simple moving average is $0.80 and its 200-day simple moving average is $0.74.

Trans-Lux Company Profile

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.