MidCap Financial Investment Co. (NASDAQ:MFICL) Short Interest Update
by Scott Moore · The Cerbat GemMidCap Financial Investment Co. (NASDAQ:MFICL – Get Free Report) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 3,123 shares, an increase of 636.6% from the April 15th total of 424 shares. Based on an average trading volume of 5,011 shares, the short-interest ratio is presently 0.6 days.
MidCap Financial Investment Trading Down 0.2%
NASDAQ MFICL opened at $25.37 on Thursday. MidCap Financial Investment has a 12 month low of $25.00 and a 12 month high of $25.69. The company’s 50 day simple moving average is $25.26 and its 200 day simple moving average is $25.31.
MidCap Financial Investment Dividend Announcement
The firm also recently announced 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 7.9%. The ex-dividend date is Monday, June 1st.
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.