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:TRINZGet Free Report) was the target of a significant increase in short interest in 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 trading volume, of 14,000 shares, the days-to-cover ratio is currently 0.9 days.

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

Shares of NASDAQ:TRINZ opened at $25.35 on Friday. Trinity Capital Inc. 7.875% Notes due 2029 has a 52 week low of $24.84 and a 52 week high of $25.84. The firm has a 50 day moving average price of $25.39.

Trinity Capital Inc. 7.875% Notes due 2029 Dividend Announcement

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

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