Trinity Capital Inc. 7.875% Notes due 2029 (NASDAQ:TRINZ) Short Interest Update

Trinity Capital Inc. 7.875% Notes due 2029 (NASDAQ:TRINZ) saw a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 3,700 shares, a drop of 47.1% from the February 13th total of 7,000 shares. Based on an average daily volume of 12,600 shares, the days-to-cover ratio is currently 0.3 days.

Trinity Capital Inc. 7.875% Notes due 2029 Stock Performance

Trinity Capital Inc. 7.875% Notes due 2029 stock traded down $0.39 during trading hours on Friday, hitting $25.09. 39,790 shares of the stock traded hands, compared to its average volume of 21,048. The firm’s 50-day moving average price is $25.32 and its two-hundred day moving average price is $25.35. Trinity Capital Inc. 7.875% Notes due 2029 has a one year low of $24.84 and a one year high of $25.84.

Trinity Capital Inc. 7.875% Notes due 2029 Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, March 30th. Shareholders of record on Saturday, March 15th will be given a dividend of $0.4922 per share. The ex-dividend date is Friday, March 14th. This represents a $1.97 annualized dividend and a yield of 7.85%.