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

Runway Growth Finance Corp. 8.00% Notes due 2027 (NASDAQ:RWAYZ) was the target of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 6,200 shares, a growth of 29.2% from the February 28th total of 4,800 shares. Based on an average daily volume of 4,400 shares, the days-to-cover ratio is currently 1.4 days.

Runway Growth Finance Corp. 8.00% Notes due 2027 Stock Down 0.3 %

RWAYZ stock traded down $0.08 during midday trading on Monday, hitting $25.19. 2,800 shares of the stock traded hands, compared to its average volume of 4,759. Runway Growth Finance Corp. 8.00% Notes due 2027 has a 1-year low of $24.85 and a 1-year high of $25.52. The stock’s fifty day simple moving average is $25.24 and its 200-day simple moving average is $25.24.

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

The firm also recently declared a quarterly dividend, which was paid on Saturday, March 1st. Investors of record on Saturday, February 15th were paid a $0.50 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.00 annualized dividend and a dividend yield of 7.94%.

About Runway Growth Finance Corp. 8.00% Notes due 2027

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