MidCap Financial Investment Co. (NASDAQ:MFICL) Short Interest Update

MidCap Financial Investment Co. (NASDAQ:MFICL) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 137 shares, a growth of 1,041.7% from the May 14th total of 12 shares. Based on an average daily volume of 4,676 shares, the short-interest ratio is presently 0.0 days.

MidCap Financial Investment Price Performance

Shares of MFICL stock traded up $0.05 during trading hours on Tuesday, reaching $25.44. The company had a trading volume of 14,440 shares, compared to its average volume of 6,638. The stock has a fifty day moving average of $25.35 and a 200-day moving average of $25.30. MidCap Financial Investment has a 12-month low of $25.00 and a 12-month high of $25.69.

MidCap Financial Investment Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be given a $0.50 dividend. The ex-dividend date is Monday, June 1st. This represents a $2.00 dividend on an annualized basis 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.