Short Interest in MidCap Financial Investment Co. (NASDAQ:MFICL) Decreases By 79.2%

MidCap Financial Investment Co. (NASDAQ:MFICL) was the recipient of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 270 shares, a decrease of 79.2% from the June 15th total of 1,301 shares. Based on an average trading volume of 2,982 shares, the days-to-cover ratio is presently 0.1 days.

MidCap Financial Investment Stock Performance

MFICL stock traded up $0.08 during trading hours on Monday, reaching $25.43. The stock had a trading volume of 2,040 shares, compared to its average volume of 6,090. The stock has a 50-day simple moving average of $25.39 and a 200 day simple moving average of $25.32. MidCap Financial Investment has a fifty-two week low of $25.00 and a fifty-two week high of $25.69.

MidCap Financial Investment Dividend Announcement

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