Short Interest in BFC Capital Trust II PFD TR 7.20% (NASDAQ:BANFP) Expands By 61.9%

BFC Capital Trust II PFD TR 7.20% (NASDAQ:BANFP) was the target of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 3,400 shares, an increase of 61.9% from the February 28th total of 2,100 shares. Based on an average daily volume of 800 shares, the days-to-cover ratio is presently 4.3 days.

BFC Capital Trust II PFD TR 7.20% Stock Performance

Shares of NASDAQ:BANFP opened at $26.03 on Friday. BFC Capital Trust II PFD TR 7.20% has a 1 year low of $25.22 and a 1 year high of $29.45. The business has a fifty day moving average price of $26.01 and a two-hundred day moving average price of $25.86.

BFC Capital Trust II PFD TR 7.20% Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 6.92%. The ex-dividend date is Monday, March 31st.