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

Runway Growth Finance Corp. 8.00% Notes due 2027 (NASDAQ:RWAYZ) saw a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 2,200 shares, a decline of 29.0% from the January 15th total of 3,100 shares. Based on an average trading volume of 4,300 shares, the short-interest ratio is presently 0.5 days.

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

RWAYZ traded down $0.36 during midday trading on Friday, reaching $25.10. 4,025 shares of the company’s stock were exchanged, compared to its average volume of 4,805. The business’s 50-day moving average price is $25.23 and its 200 day moving average price is $25.23. 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.

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

The company also recently disclosed a quarterly dividend, which will be paid on Saturday, March 1st. Stockholders of record on Saturday, February 15th will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.97%. The ex-dividend date of this dividend is Friday, February 14th.

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.