Brighthouse Financial, Inc. (NASDAQ:BHFAM) Stock Short Interest Report for October

Brighthouse Financial, Inc. (NASDAQ:BHFAM) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 81,694 shares, an increase of 159.0% from the September 30th total of 31,538 shares. Based on an average daily volume of 50,435 shares, the short-interest ratio is presently 1.6 days.

Brighthouse Financial Price Performance

NASDAQ:BHFAM traded down $0.35 during mid-day trading on Thursday, hitting $9.20. The company’s stock had a trading volume of 61,588 shares, compared to its average volume of 50,311. Brighthouse Financial has a 1 year low of $8.99 and a 1 year high of $12.88. The business’s fifty day moving average is $9.81 and its two-hundred day moving average is $10.89.

Brighthouse Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Thursday, September 10th were paid a $0.2891 dividend. The ex-dividend date was Thursday, September 10th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 12.6%.

Brighthouse Financial Company Profile

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 operates primarily through independent distribution partners, including financial professionals, broker-dealers, banks and insurance agencies.

Its annuity offerings include fixed, fixed indexed and variable annuities, which can provide tax-deferred accumulation and income options during retirement.