Sounds to me the prop is not getting a good bite and it may be buried too deep. Check to see exactly what the prop is and check prop depth from bottom of pad. The majority of boats do not need to be trimmed all the way up for best performance.If set up with the correct prop and prop depth it will do better. I never need all the trim I have. With the prop I am running now,I am at 3" under pad to center of prop shaft. Best depth does depend on the type of prop. got to be the wrong prop if the engine can not turn more than 5400 rpm. 5800 would be fine. My boat is not the same model as your but the same rules apply.