Short Interest in BFC Capital Trust II PFD TR 7.20% (NASDAQ:BANFP) Expands By 6.7%

BFC Capital Trust II PFD TR 7.20% (NASDAQ:BANFP) saw a large increase in short interest in October. As of October 15th, there was short interest totalling 3,200 shares, an increase of 6.7% from the September 30th total of 3,000 shares. Based on an average daily volume of 1,400 shares, the short-interest ratio is presently 2.3 days.

BFC Capital Trust II PFD TR 7.20% Price Performance

Shares of BFC Capital Trust II PFD TR 7.20% stock remained flat at $25.88 during trading on Thursday. The stock had a trading volume of 67 shares, compared to its average volume of 2,002. BFC Capital Trust II PFD TR 7.20% has a 52-week low of $24.70 and a 52-week high of $26.25. The firm’s 50-day moving average price is $25.77 and its two-hundred day moving average price is $25.67.

BFC Capital Trust II PFD TR 7.20% Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.96%. The ex-dividend date of this dividend was Monday, September 30th.

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

An institutional investor recently bought a new position in BFC Capital Trust II PFD TR 7.20% stock. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of BFC Capital Trust II PFD TR 7.20% (NASDAQ:BANFP) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 4,125 shares of the company’s stock, valued at approximately $105,000.