Trinity Capital Inc. – 7.00% No (NASDAQ:TRINL) Short Interest Down 53.3% in March

Posted by Caroline Horne on Mar 28th, 2024

Trinity Capital Inc. – 7.00% No (NASDAQ:TRINL – Get Free Report) was the target of a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 700 shares, a drop of 53.3% from the February 29th total of 1,500 shares. Based on an average daily trading volume, of 8,000 shares, the short-interest ratio is currently 0.1 days.

Trinity Capital Inc. – 7.00% No Trading Up 0.2 %

NASDAQ:TRINL opened at $25.13 on Thursday. The stock has a fifty day moving average price of $25.28 and a 200 day moving average price of $25.25. Trinity Capital Inc. – 7.00% No has a 12-month low of $24.78 and a 12-month high of $28.14.

Trinity Capital Inc. – 7.00% No Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 1st were paid a $0.4375 dividend. This represents a $1.75 dividend on an annualized basis and a yield of 6.96%. The ex-dividend date of this dividend was Thursday, February 29th.

Trinity Capital Inc. – 7.00% No Company Profile

(Get Free Report)

high-growth venture capital-backed companies turn to trinity capital investment (trinity) as a preferred option for venture loans and equipment leases to fuel their growth and extend their runway. since 2008, trinity has worked closely with leading venture capital firms and their respective portfolio companies to offer valuable support, enhanced flexibility and competitive venture debt financing solutions to customers with distinctive needs.