Triumph Financial, Inc. (NASDAQ:TFINP – Get Free Report) was the target of a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 200 shares, a decline of 89.5% from the February 13th total of 1,900 shares. Based on an average daily trading volume, of 2,600 shares, the short-interest ratio is presently 0.1 days.
Triumph Financial Stock Up 0.4 %
Triumph Financial stock opened at $22.75 on Thursday. The stock’s 50 day moving average is $23.31 and its 200-day moving average is $23.43. Triumph Financial has a 12 month low of $21.25 and a 12 month high of $24.40.
Triumph Financial Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Sunday, March 30th. Stockholders of record on Saturday, March 15th will be issued a dividend of $0.4453 per share. This represents a $1.78 dividend on an annualized basis and a dividend yield of 7.83%. The ex-dividend date is Friday, March 14th.
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.
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