Trans-Lux Co. (OTCMKTS:TNLX) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 4,200 shares, an increase of 4,100.0% from the September 30th total of 100 shares. Based on an average daily trading volume, of 7,500 shares, the days-to-cover ratio is currently 0.6 days.
Shares of OTCMKTS:TNLX opened at $0.15 on Thursday. Trans-Lux has a twelve month low of $0.12 and a twelve month high of $0.84. The company’s 50 day moving average is $0.21 and its 200 day moving average is $0.35.
Trans-Lux (OTCMKTS:TNLX) last issued its quarterly earnings results on Tuesday, August 18th. The technology company reported ($0.10) earnings per share for the quarter. The company had revenue of $2.05 million for the quarter.
Trans-Lux Corporation designs, manufactures, and supplies digital signage display solutions, fixed digit scoreboards, and LED lighting fixtures and lamps. The company 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 and LED lighting solutions.
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