Short Interest in Liberty Broadband Co. (NASDAQ:LBRDP) Increases By 445.0%

Liberty Broadband Co. (NASDAQ:LBRDP) was the recipient of a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 10,900 shares, a growth of 445.0% from the November 30th total of 2,000 shares. Based on an average daily trading volume, of 23,800 shares, the short-interest ratio is currently 0.5 days.

Liberty Broadband Stock Performance

Shares of LBRDP stock remained flat at $25.02 on Thursday. The stock had a trading volume of 3,265 shares, compared to its average volume of 14,018. Liberty Broadband has a 12 month low of $21.82 and a 12 month high of $25.45. The company’s fifty day moving average price is $24.12 and its 200-day moving average price is $23.70.

Liberty Broadband Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be issued a dividend of $0.4375 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $1.75 annualized dividend and a yield of 6.99%.

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.