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

MidCap Financial Investment Co. (NASDAQ:MFICL) saw a large growth in short interest in February. As of February 27th, there was short interest totaling 8,296 shares, a growth of 15.6% from the February 12th total of 7,174 shares. Based on an average daily volume of 10,713 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily volume of 10,713 shares, the days-to-cover ratio is presently 0.8 days.

MidCap Financial Investment Stock Performance

Shares of NASDAQ MFICL remained flat at $25.25 during trading hours on Tuesday. The company had a trading volume of 4,179 shares, compared to its average volume of 7,262. MidCap Financial Investment has a twelve month low of $25.00 and a twelve month high of $25.75. The stock has a fifty day moving average price of $25.31 and a two-hundred day moving average price of $25.32.

MidCap Financial Investment Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Sunday, March 15th. Stockholders of record on Sunday, March 1st were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.9%. The ex-dividend date of this dividend was Friday, February 27th.

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.