Liberty Broadband Co. (NASDAQ:LBRDP) Short Interest Up 292.7% in January

Liberty Broadband Co. (NASDAQ:LBRDP) saw a large increase in short interest in January. As of January 15th, there was short interest totalling 42,800 shares, an increase of 292.7% from the December 31st total of 10,900 shares. Based on an average daily volume of 26,100 shares, the short-interest ratio is presently 1.6 days.

Liberty Broadband Price Performance

NASDAQ:LBRDP traded down $0.05 during trading hours on Tuesday, hitting $25.87. 42,272 shares of the company traded hands, compared to its average volume of 46,122. Liberty Broadband has a one year low of $21.93 and a one year high of $26.88. The firm’s 50-day simple moving average is $24.62 and its 200-day simple moving average is $23.98.

Liberty Broadband Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were given a dividend of $0.4375 per share. This represents a $1.75 dividend on an annualized basis and a dividend yield of 6.76%. The ex-dividend date of this dividend was Tuesday, December 31st.

Liberty Broadband Company Profile

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.