Short Interest in BFC Capital Trust II PFD TR 7.20% (NASDAQ:BANFP) Declines By 13.8%

BFC Capital Trust II PFD TR 7.20% (NASDAQ:BANFP) was the target of a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 2,500 shares, a decrease of 13.8% from the October 31st total of 2,900 shares. Based on an average trading volume of 1,300 shares, the days-to-cover ratio is currently 1.9 days.

BFC Capital Trust II PFD TR 7.20% Price Performance

Shares of BANFP traded up $0.30 during mid-day trading on Monday, hitting $26.00. 672 shares of the company’s stock were exchanged, compared to its average volume of 1,971. The business’s 50 day moving average is $25.76 and its two-hundred day moving average is $25.69. BFC Capital Trust II PFD TR 7.20% has a fifty-two week low of $25.22 and a fifty-two week high of $26.25.

BFC Capital Trust II PFD TR 7.20% Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a $0.45 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.92%.

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

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