Runway Growth Finance Corp. 8.00% Notes due 2027 (NASDAQ:RWAYZ) Sees Large Decline in Short Interest

Runway Growth Finance Corp. 8.00% Notes due 2027 (NASDAQ:RWAYZ) was the target of a large drop in short interest during the month of October. As of October 15th, there was short interest totalling 3,900 shares, a drop of 26.4% from the September 30th total of 5,300 shares. Based on an average trading volume of 5,100 shares, the days-to-cover ratio is presently 0.8 days.

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

NASDAQ RWAYZ remained flat at $25.40 on Friday. The company had a trading volume of 4,682 shares, compared to its average volume of 4,742. The business has a 50-day simple moving average of $25.23 and a 200 day simple moving average of $25.22. Runway Growth Finance Corp. 8.00% Notes due 2027 has a 12 month low of $24.60 and a 12 month high of $25.70.

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

The business also recently disclosed a quarterly dividend, which was paid on Sunday, September 1st. Investors of record on Thursday, August 15th were paid a dividend of $0.50 per share. The ex-dividend date was Thursday, August 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.87%.

Runway Growth Finance Corp. 8.00% Notes due 2027 Company Profile

runway growth capital lends capital—as well as relationships, experience and passion—to help fast-growing, dynamic companies achieve their fullest potential.