Short Interest in MidCap Financial Investment Co. (NASDAQ:MFICL) Increases By 59.9%

MidCap Financial Investment Co. (NASDAQ:MFICL) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 4,580 shares, an increase of 59.9% from the December 15th total of 2,864 shares. Based on an average daily volume of 5,255 shares, the days-to-cover ratio is presently 0.9 days. Based on an average daily volume of 5,255 shares, the days-to-cover ratio is presently 0.9 days.

MidCap Financial Investment Trading Down 0.1%

MFICL opened at $25.25 on Friday. The firm has a 50-day moving average price of $25.27 and a 200-day moving average price of $25.38. MidCap Financial Investment has a twelve month low of $25.00 and a twelve month high of $25.85.

MidCap Financial Investment Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were given a dividend of $0.50 per share. The ex-dividend date 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.