Brighthouse Financial, Inc. (NASDAQ:BHFAL – Get Free Report) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 100,100 shares, a growth of 45.1% from the February 28th total of 69,000 shares. Based on an average trading volume of 31,300 shares, the days-to-cover ratio is currently 3.2 days.
Brighthouse Financial Trading Up 0.3 %
NASDAQ:BHFAL opened at $21.31 on Friday. The firm’s fifty day simple moving average is $21.88 and its 200 day simple moving average is $23.55. Brighthouse Financial has a twelve month low of $20.65 and a twelve month high of $25.47.
Brighthouse Financial Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Saturday, March 1st were paid a dividend of $0.3906 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 7.33%. The ex-dividend date of this dividend was Friday, February 28th.
About Brighthouse Financial
Brighthouse Financial, Inc operates as a holding company, which engages in the provision of life insurance and annuities through independent distribution channels and marketing arrangements with diverse network of distribution partners. It operates through the following segments: Annuities; Life; Run-Off; and Corporate & Others.
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