Trinity Capital Inc. 7.875% Notes due 2029 (NASDAQ:TRINZ) Sees Significant 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 daily volume of 14,000 shares, the short-interest ratio is currently 0.9 days.

Trinity Capital Inc. 7.875% Notes due 2029 Price Performance

Shares of NASDAQ TRINZ traded up $0.03 on Thursday, reaching $25.45. 292 shares of the company traded hands, compared to its average volume of 22,229. The firm’s 50 day moving average is $25.40. Trinity Capital Inc. 7.875% Notes due 2029 has a fifty-two week low of $24.84 and a fifty-two week high of $25.84.

Trinity Capital Inc. 7.875% Notes due 2029 Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Sunday, September 15th were issued a $0.4922 dividend. The ex-dividend date was Friday, September 13th. This represents a $1.97 annualized dividend and a yield of 7.74%.

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