Liberty Broadband Co. (NASDAQ:LBRDP) Short Interest Update

Liberty Broadband Co. (NASDAQ:LBRDP) saw a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 3,199 shares, a decrease of 85.9% from the June 30th total of 22,708 shares. Based on an average daily trading volume, of 6,938 shares, the short-interest ratio is presently 0.5 days.

Liberty Broadband Trading Down 0.6%

LBRDP stock traded down $0.13 during trading on Friday, reaching $21.57. The company’s stock had a trading volume of 8,649 shares, compared to its average volume of 12,478. The company’s fifty day moving average is $21.80 and its 200-day moving average is $22.97. Liberty Broadband has a 1 year low of $21.05 and a 1 year high of $25.55.

Liberty Broadband Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were given a dividend of $0.4375 per share. The ex-dividend date was Tuesday, June 30th. This represents a $1.75 annualized dividend and a dividend yield of 8.1%.

Liberty Broadband Company Profile

Liberty Broadband Corporation (NASDAQ: LBRDP) is a holding company focused on investments in broadband communications. The company’s principal asset is a substantial equity interest in Charter Communications, one of the largest broadband connectivity companies in the United States. Liberty Broadband leverages a tracking stock structure to provide shareholders with direct exposure to the performance of its Charter stake, while maintaining a lean corporate structure that is primarily dedicated to asset management and shareholder returns.

Through its position in Charter Communications, Liberty Broadband participates indirectly in a wide range of digital video, internet and voice services.