Short Interest in MidCap Financial Investment Co. (NASDAQ:MFICL) Grows By 318.9%

MidCap Financial Investment Co. (NASDAQ:MFICL) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 1,131 shares, a growth of 318.9% from the June 30th total of 270 shares. Based on an average daily volume of 2,468 shares, the short-interest ratio is currently 0.5 days.

MidCap Financial Investment Stock Performance

Shares of MidCap Financial Investment stock opened at $25.39 on Friday. The company has a fifty day simple moving average of $25.38 and a 200-day simple moving average of $25.33. MidCap Financial Investment has a 12-month low of $25.00 and a 12-month high of $25.69.

MidCap Financial Investment Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were paid a dividend of $0.50 per share. The ex-dividend date was Monday, June 1st. This represents a $2.00 annualized dividend and a dividend yield of 7.9%.

About MidCap Financial Investment

MidCap Financial Investment (NASDAQ: MFICL) is an externally managed business development company that provides customized financing solutions to privately held, lower middle-market companies in the United States. The company has elected to be treated as a business development company under the Investment Company Act of 1940 and is advised by MidCap Financial LLC, a specialized private credit investment firm.

The firm’s investment strategy centers on debt and equity financings, including senior secured loans, unitranche structures, mezzanine debt and equity co-investments.