Short Interest in Trinity Capital Inc. 7.875% Notes due 2029 (NASDAQ:TRINZ) Increases By 51.4%

Trinity Capital Inc. 7.875% Notes due 2029 (NASDAQ:TRINZ) was the target of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 5,600 shares, an increase of 51.4% from the February 28th total of 3,700 shares. Based on an average trading volume of 13,000 shares, the short-interest ratio is currently 0.4 days.

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

TRINZ stock traded up $0.02 during midday trading on Monday, hitting $25.15. 432 shares of the company traded hands, compared to its average volume of 21,019. Trinity Capital Inc. 7.875% Notes due 2029 has a twelve month low of $24.84 and a twelve month high of $25.84. The business has a 50 day simple moving average of $25.30 and a 200-day simple moving average of $25.32.

Trinity Capital Inc. 7.875% Notes due 2029 Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Sunday, March 30th. Investors of record on Saturday, March 15th were paid a $0.4922 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $1.97 dividend on an annualized basis and a yield of 7.83%.