Liberty Broadband Co. (NASDAQ:LBRDP) Sees Large Increase in Short Interest

Liberty Broadband Co. (NASDAQ:LBRDP) saw a significant increase in short interest in January. As of January 15th, there was short interest totalling 42,800 shares, an increase of 292.7% from the December 31st total of 10,900 shares. Based on an average trading volume of 26,100 shares, the short-interest ratio is currently 1.6 days.

Liberty Broadband Stock Down 0.2 %

Shares of LBRDP traded down $0.05 during mid-day trading on Tuesday, reaching $25.87. 42,272 shares of the stock traded hands, compared to its average volume of 46,122. The firm has a fifty day moving average price of $24.62 and a 200 day moving average price of $23.98. Liberty Broadband has a 1 year low of $21.93 and a 1 year high of $26.88.

Liberty Broadband Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were given a $0.4375 dividend. This represents a $1.75 annualized dividend and a dividend yield of 6.76%. The ex-dividend date was Tuesday, December 31st.

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.