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

Liberty Broadband Co. (NASDAQ:LBRDPGet Free Report) was the target of a large decline in short interest in May. As of May 31st, there was short interest totalling 5,300 shares, a decline of 19.7% from the May 15th total of 6,600 shares. Based on an average trading volume of 7,700 shares, the days-to-cover ratio is currently 0.7 days.

Liberty Broadband Price Performance

LBRDP stock traded down $0.08 on Friday, reaching $23.72. The company had a trading volume of 2,466 shares, compared to its average volume of 9,824. Liberty Broadband has a 1 year low of $20.90 and a 1 year high of $24.30. The company’s fifty day moving average is $22.90 and its 200 day moving average is $22.75.

Liberty Broadband Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Monday, July 1st will be paid a $0.4375 dividend. This represents a $1.75 dividend on an annualized basis and a yield of 7.38%. The ex-dividend date is Monday, July 1st.

About Liberty Broadband

(Get Free Report)

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.

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