MidCap Financial Investment Co. (NASDAQ:MFICL – Get Free Report) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 1,248 shares, an increase of ∞ from the August 15th total of 0 shares. Based on an average daily volume of 5,789 shares, the days-to-cover ratio is presently 0.2 days.
MidCap Financial Investment Trading Up 0.1%
NASDAQ:MFICL opened at $25.16 on Thursday. The firm’s fifty day moving average price is $25.34 and its two-hundred day moving average price is $25.32. MidCap Financial Investment has a one year low of $25.00 and a one year high of $25.60.
MidCap Financial Investment Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were paid a $0.50 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $2.00 dividend on an annualized basis and a 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.
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