Brighthouse Financial, Inc. (NASDAQ:BHFAN) Short Interest Up 242.5% in August

Brighthouse Financial, Inc. (NASDAQ:BHFAN) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 13,700 shares, an increase of 242.5% from the August 15th total of 4,000 shares. Based on an average daily volume of 156,400 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 156,400 shares, the short-interest ratio is currently 0.1 days.

Brighthouse Financial Price Performance

Shares of BHFAN stock opened at $13.10 on Friday. The company’s fifty day simple moving average is $14.23 and its 200-day simple moving average is $15.46. Brighthouse Financial has a 52 week low of $11.51 and a 52 week high of $21.63.

Brighthouse Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 25th. Investors of record on Wednesday, September 10th will be paid a dividend of $0.3359 per share. The ex-dividend date of this dividend is Wednesday, September 10th. This represents a $1.34 annualized dividend and a yield of 10.3%.

About Brighthouse Financial

Brighthouse Financial, Inc provides annuity and life insurance products in the United States. It operates through three segments: Annuities, Life, and Run-off. The Annuities segment consists of variable, fixed, index-linked, and income annuities for contract holders' needs for protected wealth accumulation on a tax-deferred basis, wealth transfer, and income security.