MidCap Financial Investment Co. (NASDAQ:MFICL) Sees Large Increase in Short Interest

MidCap Financial Investment Co. (NASDAQ:MFICL) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 1,301 shares, a growth of 849.6% from the May 31st total of 137 shares. Based on an average daily trading volume, of 9,369 shares, the short-interest ratio is presently 0.1 days.

MidCap Financial Investment Stock Up 0.2%

NASDAQ MFICL opened at $25.31 on Friday. MidCap Financial Investment has a 52 week low of $25.00 and a 52 week high of $25.69. The company has a fifty day moving average of $25.39 and a two-hundred day moving average of $25.31.

MidCap Financial Investment Announces Dividend

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

MidCap Financial Investment Company Profile

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.