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

MidCap Financial Investment Co. (NASDAQ:MFICL) was the target of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 7,174 shares, an increase of 74.8% from the January 29th total of 4,105 shares. Based on an average daily trading volume, of 5,486 shares, the short-interest ratio is currently 1.3 days. Based on an average daily trading volume, of 5,486 shares, the short-interest ratio is currently 1.3 days.

MidCap Financial Investment Trading Down 1.8%

NASDAQ MFICL opened at $25.07 on Monday. The business’s 50-day moving average price is $25.32 and its 200 day moving average price is $25.36. MidCap Financial Investment has a twelve month low of $25.00 and a twelve month high of $25.85.

MidCap Financial Investment Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, March 15th. Shareholders of record on Sunday, March 1st will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 8.0%. The ex-dividend date is Friday, February 27th.

MidCap Financial Investment Company Profile

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.