MidCap Financial Investment Co. (NASDAQ:MFICL) Sees Significant Growth in Short Interest

MidCap Financial Investment Co. (NASDAQ:MFICL) saw a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 3,123 shares, a growth of 636.6% from the April 15th total of 424 shares. Based on an average daily trading volume, of 5,011 shares, the short-interest ratio is presently 0.6 days.

MidCap Financial Investment Trading Up 0.1%

MFICL stock traded up $0.03 during trading on Wednesday, hitting $25.43. The company had a trading volume of 8,671 shares, compared to its average volume of 6,217. MidCap Financial Investment has a 52-week low of $25.00 and a 52-week high of $25.69. The company has a 50 day simple moving average of $25.26 and a 200-day simple moving average of $25.31.

MidCap Financial Investment Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 7.9%. The ex-dividend date of this dividend is Monday, June 1st.

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.