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

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

MidCap Financial Investment Price Performance

MFICL traded up $0.02 on Friday, hitting $25.16. 7,437 shares of the company were exchanged, compared to its average volume of 6,211. The firm has a fifty day simple moving average of $25.30 and a two-hundred day simple moving average of $25.32. MidCap Financial Investment has a 12 month low of $25.00 and a 12 month high of $25.60.

MidCap Financial Investment Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were issued a $0.50 dividend. The ex-dividend date 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.