MidCap Financial Investment Co. (NASDAQ:MFICL – Get Free Report) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 1,248 shares, an increase of ∞ from the August 15th total of 0 shares. Based on an average trading volume of 5,789 shares, the short-interest ratio is currently 0.2 days.
MidCap Financial Investment Price Performance
NASDAQ:MFICL remained flat at $25.13 during trading hours on Tuesday. The company’s stock had a trading volume of 4,279 shares, compared to its average volume of 6,130. The company’s 50 day moving average is $25.34 and its 200 day moving average is $25.32. MidCap Financial Investment has a 52 week low of $25.00 and a 52 week high of $25.60.
MidCap Financial Investment Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be paid a $0.50 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $2.00 dividend on an annualized basis and a dividend 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.
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