Brighthouse Financial, Inc. (NASDAQ:BHFAP) Sees Significant Increase in Short Interest

Brighthouse Financial, Inc. (NASDAQ:BHFAP) saw a significant increase in short interest in November. As of November 30th, there was short interest totalling 15,500 shares, an increase of 40.9% from the November 15th total of 11,000 shares. Based on an average trading volume of 26,700 shares, the short-interest ratio is currently 0.6 days.

Brighthouse Financial Trading Down 1.1 %

NASDAQ BHFAP traded down $0.25 during trading hours on Friday, hitting $22.70. 62,098 shares of the company were exchanged, compared to its average volume of 27,093. Brighthouse Financial has a 52 week low of $21.05 and a 52 week high of $25.51. The stock has a 50-day moving average price of $24.40 and a 200 day moving average price of $23.94.

Brighthouse Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 26th. Investors of record on Tuesday, December 10th will be issued a dividend of $0.4125 per share. The ex-dividend date is Tuesday, December 10th. This represents a $1.65 annualized dividend and a yield of 7.27%.

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.