Short Interest in BFC Capital Trust II PFD TR 7.20% (NASDAQ:BANFP) Grows By 37.5%

BFC Capital Trust II PFD TR 7.20% (NASDAQ:BANFP) was the recipient of a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 3,300 shares, a growth of 37.5% from the November 30th total of 2,400 shares. Based on an average daily volume of 900 shares, the days-to-cover ratio is currently 3.7 days.

BFC Capital Trust II PFD TR 7.20% Trading Down 0.2 %

Shares of NASDAQ BANFP traded down $0.06 during midday trading on Friday, reaching $25.65. The company had a trading volume of 3,786 shares, compared to its average volume of 1,916. BFC Capital Trust II PFD TR 7.20% has a 1 year low of $25.22 and a 1 year high of $26.34. The business’s 50-day simple moving average is $25.82 and its 200 day simple moving average is $25.73.

BFC Capital Trust II PFD TR 7.20% Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a $0.45 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $1.80 dividend on an annualized basis and a yield of 7.02%.