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

MidCap Financial Investment Co. (NASDAQ:MFICL) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 4,580 shares, a growth of 59.9% from the December 15th total of 2,864 shares. Based on an average daily volume of 5,255 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily volume of 5,255 shares, the days-to-cover ratio is currently 0.9 days.

MidCap Financial Investment Stock Performance

NASDAQ MFICL opened at $25.28 on Friday. The stock’s 50-day moving average price is $25.27 and its two-hundred day moving average price is $25.38. 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 declared a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 7.9%. The ex-dividend date was Monday, December 1st.

MidCap Financial Investment Company Profile

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.