MidCap Financial Investment Co. (NASDAQ:MFICL) Stock Short Interest Jumps 2,780.2%

MidCap Financial Investment Co. (NASDAQ:MFICL – Get Free Report) was the target of a large growth in short interest in October. As of October 30th, there was short interest totaling 3,197 shares, a growth of 2,780.2% from the October 15th total of 111 shares. Based on an average trading volume of 7,591 shares, the days-to-cover ratio is currently 0.4 days.

MidCap Financial Investment Stock Performance

MFICL remained flat at $25.45 during trading on Tuesday. The company’s stock had a trading volume of 4,776 shares, compared to its average volume of 6,272. MidCap Financial Investment has a 1-year low of $25.00 and a 1-year high of $25.60. The business’s 50-day moving average is $25.21 and its 200 day moving average is $25.32.

MidCap Financial Investment Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be paid a $0.50 dividend. The ex-dividend date is Tuesday, December 1st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.9%.

About MidCap Financial Investment

(Get Free Report)

MidCap Financial Investment Corporation is a business development company that provides financing to middle-market businesses. It primarily invests in debt, including senior secured loans, and may also make other debt and equity investments as part of its portfolio. The company is externally managed by Apollo Investment Management, L.P., an affiliate of Apollo Global Management, and focuses mainly on borrowers in the United States. It was formerly known as Apollo Investment Corporation and adopted its current name in 2023.

Further Reading

Receive News & Ratings for MidCap Financial Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MidCap Financial Investment and related companies with MarketBeat.com's FREE daily email newsletter.