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

Triumph Financial, Inc. (NASDAQ:TFINP) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totalling 3,100 shares, an increase of 93.8% from the September 15th total of 1,600 shares. Based on an average daily volume of 3,500 shares, the days-to-cover ratio is currently 0.9 days.

Triumph Financial Stock Performance

Shares of Triumph Financial stock traded up $0.15 during midday trading on Friday, hitting $24.20. The company’s stock had a trading volume of 4,623 shares, compared to its average volume of 2,810. Triumph Financial has a 1-year low of $18.25 and a 1-year high of $24.35. The stock has a 50-day simple moving average of $22.82 and a 200-day simple moving average of $22.17.

Triumph Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Sunday, September 15th were issued a $0.4453 dividend. The ex-dividend date was Friday, September 13th. This represents a $1.78 dividend on an annualized basis and a dividend yield of 7.36%.

Triumph Financial Company Profile

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.