Brighthouse Financial, Inc. (NASDAQ:BHFAO) Sees Large Increase in Short Interest

Brighthouse Financial, Inc. (NASDAQ:BHFAO) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 2,800 shares, an increase of 40.0% from the September 30th total of 2,000 shares. Based on an average daily trading volume, of 20,600 shares, the short-interest ratio is currently 0.1 days.

Brighthouse Financial Trading Down 0.6 %

NASDAQ BHFAO traded down $0.14 during trading on Friday, reaching $24.93. 21,722 shares of the company’s stock traded hands, compared to its average volume of 25,413. The company’s 50 day simple moving average is $25.33 and its two-hundred day simple moving average is $24.66. Brighthouse Financial has a 12-month low of $19.53 and a 12-month high of $26.00.

Brighthouse Financial Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 25th. Investors of record on Tuesday, September 10th were paid a $0.4219 dividend. This is an increase from Brighthouse Financial’s previous quarterly dividend of $0.42. The ex-dividend date was Tuesday, September 10th. This represents a $1.69 dividend on an annualized basis and a yield of 6.77%.

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.