Liberty Broadband Co. (NASDAQ:LBRDP) Short Interest Update

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

Liberty Broadband Stock Up 0.3 %

Liberty Broadband stock traded up $0.07 during mid-day trading on Friday, reaching $23.85. 9,038 shares of the company traded hands, compared to its average volume of 11,053. The firm’s 50 day moving average price is $23.99 and its 200 day moving average price is $23.28. Liberty Broadband has a 52-week low of $21.07 and a 52-week high of $24.89.

Liberty Broadband Announces Dividend

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

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.