MidCap Financial Investment Co. (NASDAQ:MFICL) Short Interest Down 24.1% in January

MidCap Financial Investment Co. (NASDAQ:MFICL) saw a large drop in short interest in January. As of January 15th, there was short interest totaling 3,474 shares, a drop of 24.1% from the December 31st total of 4,580 shares. Based on an average daily volume of 6,667 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 6,667 shares, the short-interest ratio is presently 0.5 days.

MidCap Financial Investment Price Performance

NASDAQ:MFICL traded down $0.03 on Tuesday, hitting $25.35. The company had a trading volume of 155 shares, compared to its average volume of 4,539. MidCap Financial Investment has a 52 week low of $25.00 and a 52 week high of $25.85. The firm has a 50 day moving average of $25.24 and a two-hundred day moving average of $25.37.

MidCap Financial Investment Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a $2.00 annualized dividend and a dividend yield of 7.9%.

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.