Brighthouse Financial, Inc. (NASDAQ:BHFAO) Shares Shorted: Short Interest Down 62.0% in September

Brighthouse Financial, Inc. (NASDAQ:BHFAO) saw a significant drop in short interest in September. As of September 15th, there was short interest totaling 4,025 shares, a drop of 62.0% from the August 31st total of 10,605 shares. Based on an average trading volume of 33,088 shares, the short-interest ratio is currently 0.1 days.

Brighthouse Financial Stock Performance

NASDAQ BHFAO traded down $0.15 on Tuesday, reaching $14.40. The company had a trading volume of 14,667 shares, compared to its average volume of 41,211. Brighthouse Financial has a 12 month low of $13.74 and a 12 month high of $18.18. The firm’s 50 day moving average price is $14.32 and its 200 day moving average price is $15.36.

Brighthouse Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Thursday, September 10th were issued a $0.4219 dividend. This represents a $1.69 annualized dividend and a dividend yield of 11.7%. The ex-dividend date of this dividend was Thursday, September 10th.

About Brighthouse Financial

Brighthouse Financial, Inc is a U.S.-based insurance company focused on helping individuals and families achieve financial security through life insurance and annuity products. The company’s offerings are designed to provide income protection, retirement income, death benefits and other forms of long-term financial support.

Brighthouse Financial provides variable, fixed and income annuities, as well as term and permanent life insurance products. Its products are distributed primarily through independent agents, broker-dealers, banks and other financial professionals.