MidCap Financial Investment Co. (NASDAQ:MFICL – Get Free Report) saw a large increase in short interest in October. As of October 30th, there was short interest totaling 3,197 shares, an increase of 2,780.2% from the October 15th total of 111 shares. Based on an average daily volume of 7,591 shares, the short-interest ratio is presently 0.4 days.
MidCap Financial Investment Stock Down 0.1%
Shares of MidCap Financial Investment stock traded down $0.02 during trading hours on Wednesday, reaching $25.43. The company’s stock had a trading volume of 1,037 shares, compared to its average volume of 6,272. MidCap Financial Investment has a one year low of $25.00 and a one year high of $25.60. The stock’s fifty day simple moving average is $25.21 and its two-hundred day simple moving average is $25.32.
MidCap Financial Investment Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be paid a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $2.00 annualized dividend and a dividend yield of 7.9%.
MidCap Financial Investment Company Profile
MidCap Financial Investment Corporation is a business development company that provides financing to middle-market businesses. It primarily invests in debt, including senior secured loans, and may also make other debt and equity investments as part of its portfolio. The company is externally managed by Apollo Investment Management, L.P., an affiliate of Apollo Global Management, and focuses mainly on borrowers in the United States. It was formerly known as Apollo Investment Corporation and adopted its current name in 2023.
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