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

MidCap Financial Investment Co. (NASDAQ:MFICL) was the recipient of a large growth in short interest in 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 volume of 9,369 shares, the short-interest ratio is currently 0.1 days.

MidCap Financial Investment Stock Performance

MFICL stock traded down $0.02 during midday trading on Friday, hitting $25.31. 6,122 shares of the stock were exchanged, compared to its average volume of 6,422. The stock’s 50-day moving average price is $25.39 and its 200-day moving average price is $25.31. MidCap Financial Investment has a fifty-two week low of $25.00 and a fifty-two week high of $25.69.

MidCap Financial Investment Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were given a $0.50 dividend. The ex-dividend date was 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.