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

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

Liberty Broadband Stock Performance

Shares of NASDAQ:LBRDP remained flat at $25.02 during trading on Thursday. 3,265 shares of the stock traded hands, compared to its average volume of 14,018. Liberty Broadband has a 52 week low of $21.82 and a 52 week high of $25.45. The stock has a fifty day simple moving average of $24.12 and a 200 day simple moving average of $23.70.

Liberty Broadband Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be issued a $0.4375 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $1.75 dividend on an annualized basis 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.