BFC Capital Trust II PFD TR 7.20% (NASDAQ:BANFP) Short Interest Update

BFC Capital Trust II PFD TR 7.20% (NASDAQ:BANFP) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 2,200 shares, a decrease of 24.1% from the August 15th total of 2,900 shares. Based on an average daily volume of 1,300 shares, the days-to-cover ratio is presently 1.7 days.

BFC Capital Trust II PFD TR 7.20% Price Performance

BANFP traded down $0.01 during midday trading on Monday, reaching $25.97. The company’s stock had a trading volume of 3,838 shares, compared to its average volume of 2,093. BFC Capital Trust II PFD TR 7.20% has a 1 year low of $24.70 and a 1 year high of $27.00. The stock’s 50-day moving average is $25.65 and its 200-day moving average is $25.68.

BFC Capital Trust II PFD TR 7.20% Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.93%. The ex-dividend date is Monday, September 30th.

Institutional Investors Weigh In On BFC Capital Trust II PFD TR 7.20%

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 second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 4,125 shares of the company’s stock, valued at approximately $105,000.