Brighthouse Financial, Inc. (NASDAQ:BHFAM) Sees Significant Growth in Short Interest

Brighthouse Financial, Inc. (NASDAQ:BHFAM) was the recipient of a significant increase in short interest in February. As of February 15th, there was short interest totalling 19,600 shares, an increase of 429.7% from the January 31st total of 3,700 shares. Based on an average daily trading volume, of 55,400 shares, the days-to-cover ratio is presently 0.4 days.

Brighthouse Financial Trading Down 0.2 %

BHFAM opened at $15.24 on Friday. The business’s fifty day moving average is $15.65 and its two-hundred day moving average is $16.81. Brighthouse Financial has a one year low of $14.50 and a one year high of $18.95.

Brighthouse Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Monday, March 10th will be given a $0.2891 dividend. The ex-dividend date is Monday, March 10th. This represents a $1.16 annualized dividend and a dividend yield of 7.59%.

Brighthouse Financial Company Profile

Brighthouse Financial, Inc provides annuity and life insurance products in the United States. It operates through three segments: Annuities, Life, and Run-off. The Annuities segment consists of variable, fixed, index-linked, and income annuities for contract holders' needs for protected wealth accumulation on a tax-deferred basis, wealth transfer, and income security.