Brighthouse Financial, Inc. (NASDAQ:BHFAM) Short Interest Update

Brighthouse Financial, Inc. (NASDAQ:BHFAM) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 43,200 shares, a growth of 127.4% from the September 15th total of 19,000 shares. Based on an average trading volume of 29,900 shares, the short-interest ratio is currently 1.4 days.

Brighthouse Financial Stock Up 2.0 %

Shares of BHFAM stock traded up $0.37 during midday trading on Friday, reaching $18.52. 11,707 shares of the stock were exchanged, compared to its average volume of 34,299. The company’s 50 day moving average is $17.49 and its two-hundred day moving average is $16.70. Brighthouse Financial has a 1 year low of $13.03 and a 1 year high of $18.95.

Brighthouse Financial Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 25th. Stockholders of record on Tuesday, September 10th were issued a dividend of $0.2891 per share. The ex-dividend date was Tuesday, September 10th. This represents a $1.16 annualized dividend and a dividend yield of 6.24%.

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.