Short Interest in Brighthouse Financial, Inc. (NASDAQ:BHFAP) Increases By 168.7%

Brighthouse Financial, Inc. (NASDAQ:BHFAP) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totaling 23,625 shares, an increase of 168.7% from the December 31st total of 8,792 shares. Based on an average trading volume of 47,644 shares, the days-to-cover ratio is presently 0.5 days. Based on an average trading volume of 47,644 shares, the days-to-cover ratio is presently 0.5 days.

Brighthouse Financial Trading Down 0.8%

NASDAQ BHFAP opened at $16.83 on Thursday. Brighthouse Financial has a 52 week low of $14.02 and a 52 week high of $22.18. The firm has a 50 day moving average of $15.80 and a two-hundred day moving average of $16.35.

Brighthouse Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Wednesday, December 10th were issued a $0.4125 dividend. This represents a $1.65 annualized dividend and a yield of 9.8%. The ex-dividend date of this dividend was Wednesday, December 10th.

About Brighthouse Financial

Brighthouse Financial, Inc is a U.S.-based provider of retirement and protection solutions, formed in August 2017 as a spin-off from MetLife, Inc Headquartered in Charlotte, North Carolina, the company focuses on helping individuals and families secure their financial futures through a range of insurance and annuity products. Since its inception, Brighthouse Financial has operated independently, building its own brand and capabilities in the quickly evolving retirement-services market.

The company’s core business centers on the design, manufacture and distribution of fixed annuities, fixed indexed annuities and other guaranteed retirement-income products.