Short Interest in Trinity Capital Inc. – 7.00% No (NASDAQ:TRINL) Rises By 60.0%

Trinity Capital Inc. – 7.00% No (NASDAQ:TRINL) saw a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 4,000 shares, an increase of 60.0% from the October 31st total of 2,500 shares. Based on an average trading volume of 21,300 shares, the days-to-cover ratio is presently 0.2 days.

Trinity Capital Inc. – 7.00% No Price Performance

NASDAQ TRINL traded up $0.04 during mid-day trading on Friday, reaching $25.00. 26,345 shares of the company’s stock traded hands, compared to its average volume of 15,662. The company has a fifty day simple moving average of $25.23 and a 200-day simple moving average of $25.21. Trinity Capital Inc. – 7.00% No has a 1-year low of $24.97 and a 1-year high of $28.14.

Trinity Capital Inc. – 7.00% No Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, December 15th. Investors of record on Sunday, December 1st will be paid a dividend of $0.4375 per share. This represents a $1.75 annualized dividend and a yield of 7.00%. The ex-dividend date is Friday, November 29th.

Trinity Capital Inc. – 7.00% No Company Profile

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.