BFC Capital Trust II PFD TR 7.20% (NASDAQ:BANFP) Short Interest Up 6.7% in October

BFC Capital Trust II PFD TR 7.20% (NASDAQ:BANFP) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 3,200 shares, an increase of 6.7% from the September 30th total of 3,000 shares. Based on an average daily volume of 1,400 shares, the days-to-cover ratio is currently 2.3 days.

BFC Capital Trust II PFD TR 7.20% Stock Performance

Shares of BFC Capital Trust II PFD TR 7.20% stock opened at $25.88 on Friday. The firm has a fifty day moving average of $25.77 and a two-hundred day moving average of $25.67. BFC Capital Trust II PFD TR 7.20% has a one year low of $24.70 and a one year high of $26.25.

BFC Capital Trust II PFD TR 7.20% Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were paid a $0.45 dividend. The ex-dividend date was Monday, September 30th. This represents a $1.80 dividend on an annualized basis and a yield of 6.96%.

Institutional Investors Weigh In On BFC Capital Trust II PFD TR 7.20%

A hedge fund recently bought a new stake in BFC Capital Trust II PFD TR 7.20% stock. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in BFC Capital Trust II PFD TR 7.20% (NASDAQ:BANFP) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 4,125 shares of the company’s stock, valued at approximately $105,000.