Trinity Capital Inc. – 7.00% No (NASDAQ:TRINL) Sees Large Increase in Short Interest

Trinity Capital Inc. – 7.00% No (NASDAQ:TRINL) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totalling 3,400 shares, an increase of 70.0% from the June 30th total of 2,000 shares. Based on an average daily trading volume, of 6,900 shares, the short-interest ratio is currently 0.5 days.

Trinity Capital Inc. – 7.00% No Price Performance

NASDAQ:TRINL opened at $25.25 on Friday. The company’s 50-day moving average price is $25.17 and its 200-day moving average price is $25.23. Trinity Capital Inc. – 7.00% No has a twelve month low of $24.88 and a twelve month high of $28.14.

Trinity Capital Inc. – 7.00% No Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Saturday, June 15th. Stockholders of record on Saturday, June 1st were paid a $0.4375 dividend. This represents a $1.75 annualized dividend and a dividend yield of 6.93%. The ex-dividend date was Friday, May 31st.

About Trinity Capital Inc. – 7.00% No

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.