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

MidCap Financial Investment Co. (NASDAQ:MFICL) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 5,200 shares, a growth of 23.8% from the May 31st total of 4,200 shares. Based on an average daily trading volume, of 12,100 shares, the days-to-cover ratio is presently 0.4 days.

MidCap Financial Investment Price Performance

NASDAQ:MFICL remained flat at $25.17 during trading hours on Tuesday. The company had a trading volume of 9,893 shares, compared to its average volume of 16,659. The business has a 50-day moving average price of $25.31. MidCap Financial Investment has a 52-week low of $24.88 and a 52-week high of $25.70.

MidCap Financial Investment Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Saturday, June 15th. Investors of record on Saturday, June 1st were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 7.95%. The ex-dividend date of this dividend was Friday, May 31st.

MidCap Financial Investment Company Profile

MidCap Financial Investment Corporation (Former name Apollo Investment Corporation) is business development company and a closed-end, externally managed, non-diversified management investment company. It is elected to be treated as a business development company (BDC) under the Investment Company Act of 1940 (the 1940 Act) specializing in private equity investments in leveraged buyouts, acquisitions, recapitalizations, growth capital, refinancing and private middle market companies.