Triumph Financial, Inc. (NASDAQ:TFINP – Get Free Report) was the target of a large decline in short interest during the month of July. As of July 31st, there was short interest totalling 2,700 shares, a decline of 37.2% from the July 15th total of 4,300 shares. Based on an average trading volume of 2,900 shares, the days-to-cover ratio is presently 0.9 days.
Triumph Financial Stock Down 1.3 %
Shares of NASDAQ:TFINP traded down $0.30 during trading on Tuesday, reaching $22.20. The company’s stock had a trading volume of 4,560 shares, compared to its average volume of 2,400. Triumph Financial has a 12 month low of $18.25 and a 12 month high of $22.51. The firm’s 50 day simple moving average is $21.84 and its two-hundred day simple moving average is $21.84.
Triumph Financial Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Sunday, June 30th. Shareholders of record on Saturday, June 15th were paid a dividend of $0.4453 per share. This represents a $1.78 annualized dividend and a yield of 8.02%. The ex-dividend date of this dividend was Friday, June 14th.
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.
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