Short Interest in Triumph Financial, Inc. (NASDAQ:TFINP) Drops By 45.8%

Triumph Financial, Inc. (NASDAQ:TFINP) was the recipient of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 1,300 shares, a drop of 45.8% from the November 30th total of 2,400 shares. Based on an average daily trading volume, of 2,300 shares, the days-to-cover ratio is presently 0.6 days.

Triumph Financial Stock Performance

NASDAQ:TFINP traded down $0.04 during trading hours on Friday, hitting $23.40. The company’s stock had a trading volume of 3,742 shares, compared to its average volume of 2,789. Triumph Financial has a twelve month low of $20.78 and a twelve month high of $24.40. The stock has a fifty day simple moving average of $23.68 and a 200-day simple moving average of $22.89.

Triumph Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Sunday, December 15th will be issued a $0.4453 dividend. The ex-dividend date is Friday, December 13th. This represents a $1.78 dividend on an annualized basis and a yield of 7.61%.

Triumph Financial Company Profile

Triumph Financial, Inc, a financial holding company, provides various payments, factoring, and banking services in the United States. It operates through Banking, Factoring, and Payments segments. The company offers deposit products, including checking, savings, money market and certificates of deposit; and loan products, such as commercial real estate, land, commercial construction and land development, residential real estate, commercial agriculture, and consumer loans, as well as commercial and industrial loans, equipment loans, asset-based loans, business loans for working capital and operational purposes, and liquid credit loans.