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

MidCap Financial Investment Co. (NASDAQ:MFICL) was the target of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 12 shares, a decrease of 99.6% from the April 30th total of 3,123 shares. Based on an average daily trading volume, of 9,017 shares, the days-to-cover ratio is presently 0.0 days.

MidCap Financial Investment Trading Down 0.2%

Shares of MidCap Financial Investment stock traded down $0.04 during trading hours on Friday, hitting $25.54. 806 shares of the company’s stock traded hands, compared to its average volume of 6,291. MidCap Financial Investment has a 12-month low of $25.00 and a 12-month high of $25.69. The company has a fifty day simple moving average of $25.34 and a 200-day simple moving average of $25.31.

MidCap Financial Investment Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $2.00 annualized dividend and a dividend yield of 7.8%.

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.