MidCap Financial Investment Co. (NASDAQ:MFICL) Short Interest Up 59.9% in December

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

MidCap Financial Investment Price Performance

Shares of MidCap Financial Investment stock traded up $0.01 during mid-day trading on Friday, reaching $25.28. 4,541 shares of the stock traded hands, compared to its average volume of 6,686. The business has a 50-day moving average of $25.27 and a 200 day moving average of $25.38. MidCap Financial Investment has a fifty-two week low of $25.00 and a fifty-two week high of $25.85.

MidCap Financial Investment Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 7.9%. The ex-dividend date of this dividend was Monday, December 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.