Brighthouse Financial, Inc. (NASDAQ:BHFAM) Short Interest Up 11.5% in December

Brighthouse Financial, Inc. (NASDAQ:BHFAMGet Free Report) was the recipient of a large growth in short interest in December. As of December 31st, there was short interest totalling 9,700 shares, a growth of 11.5% from the December 15th total of 8,700 shares. Based on an average daily trading volume, of 45,100 shares, the days-to-cover ratio is presently 0.2 days.

Brighthouse Financial Stock Performance

BHFAM stock traded down $0.01 during trading on Friday, reaching $15.95. The stock had a trading volume of 31,653 shares, compared to its average volume of 61,432. Brighthouse Financial has a 1-year low of $15.05 and a 1-year high of $18.95. The firm has a fifty day moving average price of $16.53 and a 200 day moving average price of $17.05.

Brighthouse Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 26th. Shareholders of record on Tuesday, December 10th were issued a $0.2891 dividend. The ex-dividend date was Tuesday, December 10th. This represents a $1.16 dividend on an annualized basis and a yield of 7.25%.

About Brighthouse Financial

(Get Free Report)

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.

Further Reading

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