Triumph Financial, Inc. (NASDAQ:TFINP) Short Interest Update

Triumph Financial, Inc. (NASDAQ:TFINP) was the target of a large increase in short interest in March. As of March 15th, there was short interest totalling 7,300 shares, an increase of 3,550.0% from the February 28th total of 200 shares. Based on an average daily trading volume, of 3,000 shares, the short-interest ratio is presently 2.4 days.

Triumph Financial Stock Down 0.8 %

Shares of TFINP stock opened at $21.93 on Thursday. The stock’s fifty day simple moving average is $23.08 and its 200 day simple moving average is $23.38. Triumph Financial has a one year low of $21.21 and a one year 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 paid a $0.4453 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.78 annualized dividend and a dividend yield of 8.12%.

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.