Triumph Financial, Inc. (NASDAQ:TFINP) Sees Large Decrease in Short Interest

Triumph Financial, Inc. (NASDAQ:TFINP) was the recipient of a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 3,500 shares, a decline of 31.4% from the January 15th total of 5,100 shares. Based on an average trading volume of 2,500 shares, the days-to-cover ratio is currently 1.4 days.

Triumph Financial Trading Up 0.3 %

Shares of TFINP stock opened at $23.75 on Friday. The company has a 50 day moving average price of $23.46 and a 200-day moving average price of $23.30. Triumph Financial has a 52 week low of $21.10 and a 52 week high of $24.40.

Triumph Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Sunday, December 15th were issued a dividend of $0.4453 per share. This represents a $1.78 annualized dividend and a yield of 7.50%. The ex-dividend date of this dividend was Friday, December 13th.

About Triumph Financial

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.