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

MidCap Financial Investment Co. (NASDAQ:MFICL) saw a significant growth in short interest in March. As of March 31st, there was short interest totalling 6,900 shares, a growth of 68.3% from the March 15th total of 4,100 shares. Based on an average daily volume of 7,900 shares, the days-to-cover ratio is currently 0.9 days.

MidCap Financial Investment Trading Up 0.4 %

MFICL opened at $25.29 on Friday. The stock has a fifty day simple moving average of $25.39 and a two-hundred day simple moving average of $25.48. MidCap Financial Investment has a 12-month low of $25.00 and a 12-month high of $25.85.

MidCap Financial Investment Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Saturday, March 15th. Investors of record on Saturday, March 1st were paid a $0.50 dividend. The ex-dividend date was Friday, February 28th. This represents a $2.00 annualized dividend and a dividend yield of 7.91%.

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.