Short Interest in MidCap Financial Investment Co. (NASDAQ:MFICL) Increases By 74.8%

MidCap Financial Investment Co. (NASDAQ:MFICL) saw a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 7,174 shares, a growth of 74.8% from the January 29th total of 4,105 shares. Based on an average trading volume of 5,486 shares, the days-to-cover ratio is currently 1.3 days. Based on an average trading volume of 5,486 shares, the days-to-cover ratio is currently 1.3 days.

MidCap Financial Investment Price Performance

Shares of MidCap Financial Investment stock traded down $0.47 on Friday, reaching $25.07. The company had a trading volume of 20,669 shares, compared to its average volume of 6,779. The firm’s 50-day moving average price is $25.32 and its two-hundred day moving average price is $25.36. MidCap Financial Investment has a 1 year low of $25.00 and a 1 year high of $25.85.

MidCap Financial Investment Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, March 15th. Shareholders of record on Sunday, March 1st will be given a dividend of $0.50 per share. The ex-dividend date is Friday, February 27th. This represents a $2.00 dividend on an annualized basis and a yield of 8.0%.

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.