Brighthouse Financial, Inc. (NASDAQ:BHFAM – Get Free Report) was the recipient of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 19,600 shares, an increase of 429.7% from the January 31st total of 3,700 shares. Based on an average daily volume of 55,400 shares, the short-interest ratio is currently 0.4 days.
Brighthouse Financial Price Performance
Shares of Brighthouse Financial stock traded down $0.09 during mid-day trading on Thursday, reaching $15.51. 3,619 shares of the stock traded hands, compared to its average volume of 38,792. The business has a 50-day moving average of $15.66 and a 200 day moving average of $16.82. Brighthouse Financial has a fifty-two week low of $14.50 and a fifty-two week high of $18.95.
Brighthouse Financial Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Monday, March 10th will be issued a $0.2891 dividend. The ex-dividend date of this dividend is Monday, March 10th. This represents a $1.16 dividend on an annualized basis and a yield of 7.45%.
Brighthouse Financial Company Profile
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.
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