Brighthouse Financial, Inc. (NASDAQ:BHFAN – Get Free Report) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 27,000 shares, an increase of 22.2% from the February 28th total of 22,100 shares. Based on an average daily volume of 82,600 shares, the days-to-cover ratio is presently 0.3 days.
Brighthouse Financial Price Performance
Shares of BHFAN opened at $15.87 on Thursday. Brighthouse Financial has a twelve month low of $15.60 and a twelve month high of $21.63. The firm has a 50 day moving average of $16.76 and a 200 day moving average of $18.63.
Brighthouse Financial Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 25th. Shareholders of record on Monday, March 10th were given a $0.3359 dividend. This represents a $1.34 dividend on an annualized basis and a yield of 8.47%. The ex-dividend date was Monday, March 10th.
About Brighthouse Financial
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.
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