Brighthouse Financial, Inc. (NASDAQ:BHFAN) Sees Large Drop in Short Interest

Brighthouse Financial, Inc. (NASDAQ:BHFAN) saw a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 3,000 shares, a drop of 74.4% from the October 31st total of 11,700 shares. Based on an average daily volume of 64,400 shares, the days-to-cover ratio is currently 0.0 days.

Brighthouse Financial Trading Up 2.8 %

Shares of Brighthouse Financial stock traded up $0.54 on Friday, hitting $19.99. 69,968 shares of the company traded hands, compared to its average volume of 46,994. Brighthouse Financial has a 52 week low of $16.70 and a 52 week high of $21.63. The business has a 50-day simple moving average of $20.33 and a 200 day simple moving average of $19.64.

Brighthouse Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 26th. Shareholders of record on Tuesday, December 10th will be issued a $0.3359 dividend. The ex-dividend date of this dividend is Tuesday, December 10th. This represents a $1.34 dividend on an annualized basis and a yield of 6.72%.

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.