Trinity Capital Inc. 7.875% Notes due 2029 (NASDAQ:TRINZ) Sees Large Growth in Short Interest

Trinity Capital Inc. 7.875% Notes due 2029 (NASDAQ:TRINZGet Free Report) was the target of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 12,500 shares, an increase of 56.3% from the October 15th total of 8,000 shares. Based on an average trading volume of 14,000 shares, the short-interest ratio is presently 0.9 days.

Trinity Capital Inc. 7.875% Notes due 2029 Trading Down 0.1 %

NASDAQ TRINZ traded down $0.02 during trading hours on Friday, reaching $25.35. The company’s stock had a trading volume of 22,820 shares, compared to its average volume of 22,245. The firm has a 50-day moving average price of $25.39. Trinity Capital Inc. 7.875% Notes due 2029 has a 1-year low of $24.84 and a 1-year high of $25.84.

Trinity Capital Inc. 7.875% Notes due 2029 Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Sunday, September 15th were given a dividend of $0.4922 per share. The ex-dividend date was Friday, September 13th. This represents a $1.97 dividend on an annualized basis and a dividend yield of 7.77%.

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