MidCap Financial Investment Co. (NASDAQ:MFICL) Short Interest Up ∞ in August

MidCap Financial Investment Co. (NASDAQ:MFICL) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 1,248 shares, a growth of ∞ from the August 15th total of 0 shares. Based on an average daily volume of 5,789 shares, the short-interest ratio is currently 0.2 days.

MidCap Financial Investment Price Performance

MFICL stock remained flat at $25.13 during trading on Tuesday. 4,279 shares of the company were exchanged, compared to its average volume of 6,130. MidCap Financial Investment has a 12 month low of $25.00 and a 12 month high of $25.60. The business’s 50 day moving average price is $25.34 and its 200 day moving average price is $25.32.

MidCap Financial Investment Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be given 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 Tuesday, September 1st.

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.