Runway Growth Finance Corp. 8.00% Notes due 2027 (NASDAQ:RWAYZ) Short Interest Down 37.2% in February

Runway Growth Finance Corp. 8.00% Notes due 2027 (NASDAQ:RWAYZ) saw a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 289 shares, a decrease 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.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Runway Growth Finance Corp. 8.00% Notes due 2027 stock. Karpus Management Inc. bought a new stake in Runway Growth Finance Corp. 8.00% Notes due 2027 (NASDAQ:RWAYZ) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (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 Up 0.0%

NASDAQ RWAYZ traded up $0.01 during trading on Friday, reaching $25.00. 7,542 shares of the stock traded hands, compared to its average volume of 16,911. The stock’s 50-day moving average price is $25.26 and its 200 day moving average price is $25.30. Runway Growth Finance Corp. 8.00% Notes due 2027 has a fifty-two week low of $24.83 and a fifty-two week 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. Investors of record on Sunday, February 15th will be given a $0.50 dividend. The ex-dividend date is Friday, February 13th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 8.0%.

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

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.