Liberty Broadband Co. (NASDAQ:LBRDP) Short Interest Up 269.2% in October

Liberty Broadband Co. (NASDAQ:LBRDP) was the target of a large growth in short interest in October. As of October 15th, there was short interest totalling 4,800 shares, a growth of 269.2% from the September 30th total of 1,300 shares. Based on an average trading volume of 11,400 shares, the short-interest ratio is presently 0.4 days.

Liberty Broadband Stock Up 0.3 %

Shares of NASDAQ LBRDP traded up $0.07 during trading hours on Friday, reaching $23.85. The stock had a trading volume of 9,038 shares, compared to its average volume of 11,053. Liberty Broadband has a 52-week low of $21.07 and a 52-week high of $24.89. The business’s fifty day moving average price is $23.97 and its two-hundred day moving average price is $23.28.

Liberty Broadband Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a dividend of $0.4375 per share. This represents a $1.75 dividend on an annualized basis and a dividend yield of 7.34%. The ex-dividend date of this dividend was Monday, September 30th.

About Liberty Broadband

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.