Brighthouse Financial, Inc. (NASDAQ:BHFAP – Get Free Report) saw a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 41,400 shares, a growth of 13.4% from the September 30th total of 36,500 shares. Based on an average daily volume of 27,300 shares, the short-interest ratio is currently 1.5 days.
Brighthouse Financial Price Performance
Brighthouse Financial stock traded down $0.13 during mid-day trading on Tuesday, hitting $24.74. The stock had a trading volume of 4,975 shares, compared to its average volume of 26,720. The stock has a 50-day simple moving average of $24.77 and a two-hundred day simple moving average of $23.65. Brighthouse Financial has a 12 month low of $19.05 and a 12 month high of $25.51.
Brighthouse Financial Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, September 25th. Investors of record on Tuesday, September 10th were issued a $0.4125 dividend. This represents a $1.65 annualized dividend and a yield of 6.67%. The ex-dividend date of this dividend was Tuesday, September 10th.
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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