MidCap Financial Investment Co. (NASDAQ:MFICL) Short Interest Up 636.6% in April

MidCap Financial Investment Co. (NASDAQ:MFICL) was the recipient of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 3,123 shares, a growth of 636.6% from the April 15th total of 424 shares. Based on an average daily volume of 5,011 shares, the short-interest ratio is currently 0.6 days.

MidCap Financial Investment Price Performance

Shares of NASDAQ:MFICL traded up $0.05 during trading on Tuesday, hitting $25.40. The company’s stock had a trading volume of 11,976 shares, compared to its average volume of 6,142. MidCap Financial Investment has a 12 month low of $25.00 and a 12 month high of $25.73. The company has a 50-day moving average of $25.25 and a 200-day moving average of $25.30.

MidCap Financial Investment Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be paid a dividend of $0.50 per share. The ex-dividend date is Monday, June 1st. This represents a $2.00 dividend on an annualized basis and a yield of 7.9%.

MidCap Financial Investment Company Profile

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.