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

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

Trinity Capital Inc. – 7.00% No Price Performance

TRINL traded down $0.09 on Wednesday, reaching $25.05. The stock had a trading volume of 16,754 shares, compared to its average volume of 8,565. The firm has a 50-day moving average of $25.10 and a 200-day moving average of $25.18. Trinity Capital Inc. – 7.00% No has a fifty-two week low of $24.96 and a fifty-two week high of $25.60.

Trinity Capital Inc. – 7.00% No Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Sunday, December 15th. Investors of record on Sunday, December 1st were issued a $0.4375 dividend. The ex-dividend date was Friday, November 29th. This represents a $1.75 dividend on an annualized basis and a yield of 6.99%.

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.