Trans-Lux Co. (OTCMKTS:TNLX) Sees Significant Decline in Short Interest

Trans-Lux Co. (OTCMKTS:TNLX) was the recipient of a large decrease in short interest in the month of November. As of November 15th, there was short interest totalling 600 shares, a decrease of 40.0% from the October 31st total of 1,000 shares. Based on an average daily volume of 6,900 shares, the days-to-cover ratio is currently 0.1 days.

Trans-Lux Stock Performance

Shares of TNLX opened at $0.48 on Friday. The company’s 50 day simple moving average is $0.64 and its 200-day simple moving average is $0.80. Trans-Lux has a 12-month low of $0.33 and a 12-month high of $0.95.

About Trans-Lux

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.