MidCap Financial Investment Co. (NASDAQ:MFICL) Stock Short Interest Falls 63.6%

MidCap Financial Investment Co. (NASDAQ:MFICL) was the recipient of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 454 shares, a decline of 63.6% from the August 31st total of 1,248 shares. Based on an average trading volume of 11,114 shares, the days-to-cover ratio is presently 0.0 days.

MidCap Financial Investment Stock Performance

Shares of MidCap Financial Investment stock traded up $0.02 during trading on Friday, reaching $25.16. 7,437 shares of the stock were exchanged, compared to its average volume of 6,211. The stock’s fifty day moving average is $25.30 and its 200 day moving average is $25.32. MidCap Financial Investment has a 1 year low of $25.00 and a 1 year high of $25.60.

MidCap Financial Investment Announces Dividend

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

About MidCap Financial Investment

MidCap Financial Investment Corporation is a business development company that provides financing to middle-market companies. The company primarily invests in privately negotiated debt securities, including senior secured loans, subordinated debt and other forms of credit, and may also make equity investments in portfolio companies.

Its investment strategy is focused on supporting companies across a range of industries, generally through directly originated transactions and other private-market opportunities.