BFC Capital Trust II PFD TR 7.20% (NASDAQ:BANFP) Short Interest Down 26.5% in March

BFC Capital Trust II PFD TR 7.20% (NASDAQ:BANFP) was the recipient of a significant decrease in short interest in March. As of March 31st, there was short interest totalling 2,500 shares, a decrease of 26.5% from the March 15th total of 3,400 shares. Based on an average daily trading volume, of 800 shares, the short-interest ratio is currently 3.1 days.

Institutional Inflows and Outflows

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 shares of BFC Capital Trust II PFD TR 7.20% (NASDAQ:BANFP) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 5,025 shares of the company’s stock, valued at approximately $130,000.

BFC Capital Trust II PFD TR 7.20% Stock Performance

Shares of NASDAQ BANFP traded up $0.26 during trading hours on Friday, hitting $26.10. 698 shares of the stock were exchanged, compared to its average volume of 1,994. The company’s fifty day simple moving average is $26.08 and its two-hundred day simple moving average is $25.89. BFC Capital Trust II PFD TR 7.20% has a 1-year low of $25.22 and a 1-year high of $29.45.

BFC Capital Trust II PFD TR 7.20% Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were given a dividend of $0.45 per share. The ex-dividend date was Monday, March 31st. This represents a $1.80 annualized dividend and a dividend yield of 6.90%.