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

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

MidCap Financial Investment Stock Down 0.0%

MFICL traded down $0.01 during midday trading on Monday, hitting $25.16. The company’s stock had a trading volume of 1,975 shares, compared to its average volume of 6,187. MidCap Financial Investment has a 52-week low of $25.00 and a 52-week high of $25.60. The firm has a 50-day moving average price of $25.30 and a two-hundred day moving average price of $25.32.

MidCap Financial Investment Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were given a $0.50 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $2.00 annualized dividend and a dividend 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.