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

Runway Growth Finance Corp. 8.00% Notes due 2027 (NASDAQ:RWAYZ) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 7,800 shares, an increase of 766.7% from the August 15th total of 900 shares. Based on an average daily volume of 5,400 shares, the days-to-cover ratio is presently 1.4 days.

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

RWAYZ traded up $0.09 on Friday, reaching $25.24. 1,273 shares of the company’s stock were exchanged, compared to its average volume of 4,806. Runway Growth Finance Corp. 8.00% Notes due 2027 has a twelve month low of $24.50 and a twelve month high of $25.70. The stock’s fifty day moving average price is $25.17 and its 200-day moving average price is $25.19.

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

The company also recently announced a quarterly dividend, which was paid on Sunday, September 1st. Shareholders of record on Thursday, August 15th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 7.92%. The ex-dividend date was Thursday, August 15th.

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.