Brighthouse Financial, Inc. (NASDAQ:BHFAM) Short Interest Down 36.5% in December

Brighthouse Financial, Inc. (NASDAQ:BHFAM) was the recipient of a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 4,204 shares, a drop of 36.5% from the November 30th total of 6,616 shares. Based on an average daily volume of 51,347 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 51,347 shares, the short-interest ratio is currently 0.1 days.

Brighthouse Financial Stock Performance

Brighthouse Financial stock opened at $11.01 on Tuesday. The stock’s 50 day moving average is $11.55 and its 200 day moving average is $12.30. Brighthouse Financial has a twelve month low of $10.21 and a twelve month high of $17.17.

Brighthouse Financial (NASDAQ:BHFAM) last announced its quarterly earnings data on Thursday, February 10th. The company reported $2.10 earnings per share (EPS) for the quarter. The company had revenue of $2.15 billion for the quarter.

Brighthouse Financial Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Wednesday, December 10th were paid a $0.2891 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 10.5%. The ex-dividend date was Wednesday, December 10th. This is a positive change from Brighthouse Financial’s previous quarterly dividend of $0.29.

Brighthouse Financial Company Profile

Brighthouse Financial, Inc (NASDAQ: BHFAM) is a U.S.-based provider of life insurance and annuity products designed to help individuals and families pursue long-term financial security. The company offers a range of fixed and fixed-indexed annuities, term and permanent life insurance policies, and related income protection solutions. Through its product portfolio, Brighthouse Financial seeks to address the retirement income needs of its clients and deliver predictable cash flows over time.

Established as an independent public company in August 2017 following a spin-off from MetLife, Brighthouse Financial has focused on streamlining operations and narrowing its business scope to core retirement and protection offerings.