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

Brighthouse Financial, Inc. (NASDAQ:BHFAM) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 9,700 shares, an increase of 11.5% from the December 15th total of 8,700 shares. Based on an average daily volume of 45,100 shares, the days-to-cover ratio is currently 0.2 days.

Brighthouse Financial Stock Down 0.1 %

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

Brighthouse Financial Announces Dividend

The business also recently declared 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 of this dividend was Tuesday, December 10th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 7.25%.

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.