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 in 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 volume of 12,100 shares, the short-interest ratio is currently 0.4 days.

MidCap Financial Investment Price Performance

MFICL remained flat at $25.17 on Tuesday. 9,893 shares of the company’s stock traded hands, compared to its average volume of 16,659. MidCap Financial Investment has a twelve month low of $24.88 and a twelve month high of $25.70. The firm has a 50-day moving average price of $25.31.

MidCap Financial Investment Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Saturday, June 15th. Shareholders of record on Saturday, June 1st were issued a $0.50 dividend. The ex-dividend date of this dividend 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.