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MidCap Financial: Flat Earnings On A Shrinking Portfolio (NASDAQ:MFIC)
MidCap Financial Investment Corporation (MFIC) received a sell rating due to persistent portfolio contraction and Net Asset Value (NAV) decline, despite stable dividend coverage. The company's net investment income is maintained through expense reductions rather than growth, with total assets significantly decreasing. MFIC trades at a 27.8% discount to NAV, reflecting market skepticism about its ability to attract …