Liberty Broadband Co. (NASDAQ:LBRDP) Short Interest Down 74.2% in July

Liberty Broadband Co. (NASDAQ:LBRDP) was the recipient of a large drop in short interest during the month of July. As of July 15th, there was short interest totalling 2,300 shares, a drop of 74.2% from the June 30th total of 8,900 shares. Based on an average daily trading volume, of 11,200 shares, the short-interest ratio is presently 0.2 days.

Liberty Broadband Stock Up 0.2 %

Shares of NASDAQ:LBRDP traded up $0.05 during midday trading on Thursday, hitting $22.65. The company had a trading volume of 5,973 shares, compared to its average volume of 10,920. Liberty Broadband has a 12 month low of $20.90 and a 12 month high of $24.30. The firm has a fifty day simple moving average of $23.14 and a 200 day simple moving average of $22.89.

Liberty Broadband Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, July 15th. Shareholders of record on Monday, July 1st were issued a dividend of $0.4375 per share. The ex-dividend date was Monday, July 1st. This represents a $1.75 annualized dividend and a yield of 7.73%.

About Liberty Broadband

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.