Brighthouse Financial, Inc. (NASDAQ:BHFAM) Sees Large Drop in Short Interest

Brighthouse Financial, Inc. (NASDAQ:BHFAM) saw a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 3,700 shares, a decrease of 82.7% from the January 15th total of 21,400 shares. Based on an average daily trading volume, of 57,800 shares, the short-interest ratio is currently 0.1 days.

Brighthouse Financial Stock Up 1.7 %

Shares of Brighthouse Financial stock traded up $0.26 during trading on Thursday, reaching $15.19. 7,578 shares of the company traded hands, compared to its average volume of 65,022. The company has a 50 day moving average price of $15.94 and a 200-day moving average price of $16.92. Brighthouse Financial has a 1-year low of $14.50 and a 1-year high of $18.95.

Brighthouse Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 26th. Shareholders of record on Tuesday, December 10th were issued a $0.2891 dividend. The ex-dividend date of this dividend was Tuesday, December 10th. This represents a $1.16 annualized dividend and a yield of 7.61%.

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.