Liberty Broadband Co. (NASDAQ:LBRDP) Sees Significant Growth in Short Interest

Liberty Broadband Co. (NASDAQ:LBRDP) was the recipient of a large growth in short interest in the month of August. As of August 15th, there was short interest totalling 12,900 shares, a growth of 290.9% from the July 31st total of 3,300 shares. Based on an average daily volume of 13,900 shares, the short-interest ratio is currently 0.9 days.

Liberty Broadband Trading Up 0.1 %

LBRDP traded up $0.02 on Tuesday, reaching $23.41. 2,536 shares of the company traded hands, compared to its average volume of 11,023. The firm has a fifty day simple moving average of $22.95 and a two-hundred day simple moving average of $22.99. Liberty Broadband has a one year low of $21.07 and a one year high of $24.30.

Liberty Broadband Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be given a dividend of $0.4375 per share. This represents a $1.75 annualized dividend and a yield of 7.48%. The ex-dividend date of this dividend is Monday, September 30th.

Liberty Broadband Company Profile

Liberty Broadband Corporation engages in the communications businesses. The company's GCI Holdings segment provides data, wireless, video, voice, and managed services to residential customers, businesses, governmental entities, educational, and medical institutions in Alaska under the GCI brand.