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

Triumph Financial, Inc. (NASDAQ:TFINP) was the target of a large decline in short interest in December. As of December 15th, there was short interest totalling 1,300 shares, a decline of 45.8% from the November 30th total of 2,400 shares. Based on an average daily volume of 2,300 shares, the short-interest ratio is currently 0.6 days.

Triumph Financial Stock Performance

NASDAQ TFINP traded down $0.04 during trading hours on Friday, hitting $23.40. 3,742 shares of the company traded hands, compared to its average volume of 2,789. Triumph Financial has a twelve month low of $20.78 and a twelve month high of $24.40. The business’s 50-day moving average is $23.68 and its 200-day moving average is $22.89.

Triumph Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Sunday, December 15th will be issued a dividend of $0.4453 per share. This represents a $1.78 dividend on an annualized basis and a dividend yield of 7.61%. The ex-dividend date of this dividend is 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.