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 large growth in short interest in February. As of February 27th, there was short interest totaling 1,819 shares, a growth of 529.4% from the February 12th total of 289 shares. Based on an average daily trading volume, of 8,767 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 8,767 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Runway Growth Finance Corp. 8.00% Notes due 2027

A hedge fund recently bought a new stake in Runway Growth Finance Corp. 8.00% Notes due 2027 stock. Karpus Management Inc. bought 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 SEC. The fund bought 48,362 shares of the company’s stock, valued at approximately $1,221,000.

Runway Growth Finance Corp. 8.00% Notes due 2027 Stock Performance

RWAYZ opened at $24.99 on Wednesday. The company’s 50-day simple moving average is $25.22 and its two-hundred day simple moving average is $25.28. Runway Growth Finance Corp. 8.00% Notes due 2027 has a 52-week low of $24.83 and a 52-week high of $25.64.

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

The business also recently disclosed a quarterly dividend, which was paid on Sunday, March 1st. Stockholders of record on Sunday, February 15th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 8.0%. The ex-dividend date of this dividend was Friday, February 13th.

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.