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

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

Liberty Broadband Stock Down 0.9 %

NASDAQ LBRDP traded down $0.24 on Monday, reaching $25.03. The company had a trading volume of 12,893 shares, compared to its average volume of 37,342. The firm has a 50-day moving average of $24.37 and a 200-day moving average of $23.80. Liberty Broadband has a 1 year low of $21.93 and a 1 year high of $25.45.

Liberty Broadband Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a $0.4375 dividend. This represents a $1.75 dividend on an annualized basis and a yield of 6.99%. The ex-dividend date of this dividend is 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.