Yes but sometimes it doesn't work, weirdly. The cursor just doesn't go where you put it, jumping to the end of the line or next line entirely, where it gets lost in limbo because it's a single line text box. It's ridiculously broken sometimes.

Now that's not a big deal until it happens 3 times in a row randomly and now something that would take less than half a second on a keyboard is taking over 20 seconds. Not only that the random behavior is extremely frustrating which just makes you avoid it in the future.