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

Trinity Capital Inc. – 7.00% No (NASDAQ:TRINL) saw a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 1,100 shares, a drop of 67.6% from the December 15th total of 3,400 shares. Based on an average trading volume of 23,500 shares, the days-to-cover ratio is presently 0.0 days.

Trinity Capital Inc. – 7.00% No Stock Performance

Shares of NASDAQ:TRINL remained flat at $25.13 during midday trading on Wednesday. The company had a trading volume of 6,689 shares, compared to its average volume of 7,665. Trinity Capital Inc. – 7.00% No has a 1 year low of $24.96 and a 1 year high of $25.52. The stock has a fifty day moving average price of $25.15 and a 200 day moving average price of $25.19.

Trinity Capital Inc. – 7.00% No Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Sunday, December 15th. Shareholders of record on Sunday, December 1st were given a dividend of $0.4375 per share. This represents a $1.75 dividend on an annualized basis and a dividend yield of 6.96%. The ex-dividend date of this dividend was 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.