Brighthouse Financial, Inc. (NASDAQ:BHFAO – Get Free Report) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 6,398 shares, an increase of 59.0% from the September 15th total of 4,025 shares. Based on an average daily volume of 48,450 shares, the days-to-cover ratio is presently 0.1 days.
Brighthouse Financial Price Performance
Shares of NASDAQ BHFAO traded down $0.48 on Friday, reaching $12.70. 81,803 shares of the company’s stock traded hands, compared to its average volume of 41,552. Brighthouse Financial has a 12 month low of $12.68 and a 12 month high of $18.18. The business’s 50 day simple moving average is $14.12 and its two-hundred day simple moving average is $15.14.
Brighthouse Financial Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Thursday, September 10th were paid a dividend of $0.4219 per share. The ex-dividend date was Thursday, September 10th. This represents a $1.69 dividend on an annualized basis and a yield of 13.3%.
About Brighthouse Financial
Brighthouse Financial, Inc is a U.S.-based provider of annuities and life insurance products designed to help individuals and families address retirement income, wealth transfer and financial protection needs. The company serves customers primarily through independent agents, financial professionals and other distribution partners.
Its offerings include variable, fixed, registered index-linked and income annuities, as well as life insurance products such as universal life and variable universal life policies.
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