Short Interest in MidCap Financial Investment Co. (NASDAQ:MFICL) Expands By 74.8%

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

MidCap Financial Investment Stock Down 1.8%

NASDAQ MFICL traded down $0.47 during trading hours on Friday, reaching $25.07. 20,669 shares of the company’s stock were exchanged, compared to its average volume of 6,779. MidCap Financial Investment has a one year low of $25.00 and a one year high of $25.85. The firm has a fifty day moving average of $25.32 and a 200-day moving average of $25.36.

MidCap Financial Investment Announces Dividend

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

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.