MidCap Financial Investment Co. (NASDAQ:MFICL) Short Interest Up 23.8% in June

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

MidCap Financial Investment Stock Performance

NASDAQ:MFICL remained flat at $25.17 during mid-day trading on Tuesday. The company had a trading volume of 9,893 shares, compared to its average volume of 16,659. The business’s fifty day moving average is $25.31. MidCap Financial Investment has a 1-year low of $24.88 and a 1-year high of $25.70.

MidCap Financial Investment Dividend Announcement

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

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.