MidCap Financial Investment Co. (NASDAQ:MFICL) Short Interest Update

by · The Cerbat Gem

MidCap Financial Investment Co. (NASDAQ:MFICL – Get Free Report) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 12 shares, a decline of 99.6% from the April 30th total of 3,123 shares. Based on an average daily volume of 9,017 shares, the short-interest ratio is presently 0.0 days.

MidCap Financial Investment Trading Up 0.3%

Shares of NASDAQ MFICL traded up $0.08 during mid-day trading on Wednesday, reaching $25.61. 7,396 shares of the company’s stock were exchanged, compared to its average volume of 6,402. MidCap Financial Investment has a 52 week low of $25.00 and a 52 week high of $25.69. The firm has a 50-day moving average price of $25.34 and a two-hundred day moving average price of $25.31.

MidCap Financial Investment Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.8%. The ex-dividend date of this dividend is Monday, June 1st.

MidCap Financial Investment Company Profile

(Get Free Report)

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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