Brighthouse Financial, Inc. (NASDAQ:BHFAN) Short Interest Update

Brighthouse Financial, Inc. (NASDAQ:BHFAN) was the recipient of a large growth in short interest in March. As of March 31st, there was short interest totaling 24,218 shares, a growth of 42.3% from the March 15th total of 17,017 shares. Based on an average daily trading volume, of 57,153 shares, the short-interest ratio is currently 0.4 days.

Brighthouse Financial Stock Performance

Shares of BHFAN stock opened at $13.39 on Wednesday. The stock’s fifty day moving average is $13.16 and its two-hundred day moving average is $13.13. Brighthouse Financial has a fifty-two week low of $11.51 and a fifty-two week high of $17.40.

Brighthouse Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 25th. Shareholders of record on Tuesday, March 10th were issued a $0.3359 dividend. The ex-dividend date was Tuesday, March 10th. This represents a $1.34 dividend on an annualized basis and a yield of 10.0%.

About Brighthouse Financial

Brighthouse Financial, Inc is a U.S.-based provider of annuity and life insurance products that was spun off from MetLife in August 2017. Headquartered in Charlotte, North Carolina, the company focuses on helping individuals and families prepare for retirement by offering a range of guaranteed-income solutions. Brighthouse Financial operates as a standalone public company under the ticker BHFAN on the NASDAQ exchange.

The company’s product portfolio includes fixed indexed annuities, fixed deferred annuities and lifetime income solutions designed to deliver predictable retirement cash flows.