Runway Growth Finance Corp. 8.00% Notes due 2027 (NASDAQ:RWAYZ) Short Interest Update

Runway Growth Finance Corp. 8.00% Notes due 2027 (NASDAQ:RWAYZ) saw a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 289 shares, a decline of 37.2% from the January 29th total of 460 shares. Based on an average trading volume of 28,701 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 28,701 shares, the days-to-cover ratio is currently 0.0 days.

Hedge Funds Weigh In On Runway Growth Finance Corp. 8.00% Notes due 2027

An institutional investor recently bought a new position in Runway Growth Finance Corp. 8.00% Notes due 2027 stock. Karpus Management Inc. purchased a new position in Runway Growth Finance Corp. 8.00% Notes due 2027 (NASDAQ:RWAYZ) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 48,362 shares of the company’s stock, valued at approximately $1,221,000.

Runway Growth Finance Corp. 8.00% Notes due 2027 Stock Up 0.0%

Shares of NASDAQ RWAYZ opened at $25.00 on Friday. The firm’s 50 day simple moving average is $25.26 and its 200-day simple moving average is $25.30. Runway Growth Finance Corp. 8.00% Notes due 2027 has a 12 month low of $24.83 and a 12 month high of $25.64.

Runway Growth Finance Corp. 8.00% Notes due 2027 Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, March 1st. Shareholders of record on Sunday, February 15th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a $2.00 dividend on an annualized basis and a yield of 8.0%.

About Runway Growth Finance Corp. 8.00% Notes due 2027

Runway Growth Finance Corp. 8.00% Notes due 2027 (NASDAQ: RWAYZ) are senior unsecured debt securities issued by Runway Growth Finance Corp., a publicly traded business development company. The notes carry a fixed annual coupon of 8.00%, payable quarterly, and mature on January 15, 2027. They rank equally with other senior unsecured obligations of the issuer, providing investors with a high-yield debt exposure to the company’s financing activities.

Runway Growth Finance Corp. specializes in providing flexible growth capital solutions to middle-market and late-stage private companies.