Trans-Lux Co. (OTCMKTS:TNLX) saw a significant decrease in short interest in September. As of September 30th, there was short interest totalling 1,200 shares, a decrease of 79.7% from the September 15th total of 5,900 shares. Based on an average daily volume of 6,200 shares, the days-to-cover ratio is currently 0.2 days.
TNLX stock traded up $0.04 during mid-day trading on Thursday, reaching $0.44. 500 shares of the company’s stock were exchanged, compared to its average volume of 2,928. The stock’s 50 day moving average is $0.43 and its 200 day moving average is $0.37. Trans-Lux has a 12-month low of $0.13 and a 12-month high of $0.51.
Trans-Lux (OTCMKTS:TNLX) last released its earnings results on Friday, August 13th. The technology company reported ($0.09) earnings per share for the quarter. The firm had revenue of $2.89 million during the quarter.
Trans-Lux Corp. engages in the design, manufacture, and marketing of light-emitting diode digital display and scoreboard solutions. It operates through the following segments: Digital Product Sales and Digital Product Lease and Maintenance. The Digital Product Sales segment includes out-of-home, sports, transportation, live entertainment, and retail and hospitality categories.
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