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

Trinity Capital Inc. 7.875% Notes due 2029 (NASDAQ:TRINZ) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 14,200 shares, an increase of 19.3% from the November 30th total of 11,900 shares. Based on an average daily volume of 13,900 shares, the short-interest ratio is currently 1.0 days.

Trinity Capital Inc. 7.875% Notes due 2029 Trading Down 0.3 %

TRINZ stock traded down $0.08 during mid-day trading on Friday, hitting $25.10. 5,747 shares of the company were exchanged, compared to its average volume of 20,532. Trinity Capital Inc. 7.875% Notes due 2029 has a 12-month low of $24.84 and a 12-month high of $25.84. The business has a fifty day simple moving average of $25.32 and a 200-day simple moving average of $25.29.

Trinity Capital Inc. 7.875% Notes due 2029 Announces Dividend

The company 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 $0.4922 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.97 annualized dividend and a dividend yield of 7.84%.