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

MidCap Financial Investment Co. (NASDAQ:MFICL) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 1,248 shares, a growth of ∞ from the August 15th total of 0 shares. Based on an average daily volume of 5,789 shares, the short-interest ratio is currently 0.2 days.

MidCap Financial Investment Price Performance

MidCap Financial Investment stock remained flat at $25.13 during midday trading on Wednesday. 7,659 shares of the company were exchanged, compared to its average volume of 6,165. MidCap Financial Investment has a 12 month low of $25.00 and a 12 month high of $25.60. The company’s 50 day simple moving average is $25.34 and its 200 day simple moving average is $25.32.

MidCap Financial Investment Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 8.0%. The ex-dividend date of this dividend was Tuesday, September 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.