Brighthouse Financial, Inc. (NASDAQ:BHFAP) Sees Large Decrease in Short Interest

Brighthouse Financial, Inc. (NASDAQ:BHFAP) was the recipient of a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 11,000 shares, a drop of 52.6% from the October 31st total of 23,200 shares. Based on an average daily volume of 25,400 shares, the short-interest ratio is presently 0.4 days.

Brighthouse Financial Price Performance

BHFAP stock traded up $0.12 during midday trading on Thursday, hitting $23.91. The stock had a trading volume of 9,845 shares, compared to its average volume of 26,186. Brighthouse Financial has a 52-week low of $20.66 and a 52-week high of $25.51. The business has a 50-day moving average of $24.81 and a two-hundred day moving average of $23.91.

Brighthouse Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 26th. Shareholders of record on Tuesday, December 10th will be paid a dividend of $0.4125 per share. This represents a $1.65 dividend on an annualized basis and a yield of 6.90%. The ex-dividend date of this dividend is Tuesday, December 10th.

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.