Short Interest in Brighthouse Financial, Inc. (NASDAQ:BHFAL) Decreases By 38.3%

Posted by Alphonse Anthony on Mar 5th, 2025

Brighthouse Financial, Inc. (NASDAQ:BHFAL – Get Free Report) was the target of a large decrease in short interest in February. As of February 15th, there was short interest totalling 98,400 shares, a decrease of 38.3% from the January 31st total of 159,600 shares. Based on an average trading volume of 30,900 shares, the short-interest ratio is presently 3.2 days.

Brighthouse Financial Trading Up 0.2 %

BHFAL traded up $0.05 during trading on Tuesday, hitting $21.30. 14,299 shares of the stock were exchanged, compared to its average volume of 24,940. Brighthouse Financial has a 1 year low of $20.65 and a 1 year high of $25.47. The firm has a 50 day simple moving average of $22.63 and a 200 day simple moving average of $23.83.

Brighthouse Financial Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Saturday, March 1st will be paid a $0.3906 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 7.34%. The ex-dividend date of this dividend is Friday, February 28th.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Brighthouse Financial stock. Crossmark Global Holdings Inc. lifted its position in Brighthouse Financial, Inc. (NASDAQ:BHFAL – Free Report) by 1.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 267,741 shares of the company’s stock after buying an additional 3,565 shares during the period. Crossmark Global Holdings Inc.’s holdings in Brighthouse Financial were worth $6,787,000 as of its most recent SEC filing.

About Brighthouse Financial

(Get Free Report)

Brighthouse Financial, Inc operates as a holding company, which engages in the provision of life insurance and annuities through independent distribution channels and marketing arrangements with diverse network of distribution partners. It operates through the following segments: Annuities; Life; Run-Off; and Corporate & Others.