Short Interest in Triumph Financial, Inc. (NASDAQ:TFINP) Drops By 89.5%

Triumph Financial, Inc. (NASDAQ:TFINP) was the target of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 200 shares, a decrease of 89.5% from the February 13th total of 1,900 shares. Based on an average daily volume of 2,600 shares, the short-interest ratio is presently 0.1 days.

Triumph Financial Stock Performance

Shares of Triumph Financial stock opened at $22.75 on Thursday. The company’s 50 day moving average price is $23.31 and its two-hundred day moving average price is $23.43. Triumph Financial has a fifty-two week low of $21.25 and a fifty-two week high of $24.40.

Triumph Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Sunday, March 30th. Shareholders of record on Saturday, March 15th will be issued a $0.4453 dividend. The ex-dividend date is Friday, March 14th. This represents a $1.78 dividend on an annualized basis and a yield of 7.83%.

About Triumph Financial

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.