Short Interest in Brighthouse Financial, Inc. (NASDAQ:BHFAL) Expands By 45.1%

Brighthouse Financial, Inc. (NASDAQ:BHFAL) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 100,100 shares, a growth of 45.1% from the February 28th total of 69,000 shares. Based on an average daily volume of 31,300 shares, the short-interest ratio is presently 3.2 days.

Brighthouse Financial Price Performance

Shares of BHFAL opened at $21.25 on Monday. The business’s 50-day moving average price is $21.88 and its 200 day moving average price is $23.54. Brighthouse Financial has a 1-year low of $20.65 and a 1-year high of $25.47.

Brighthouse Financial Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Saturday, March 1st were issued a dividend of $0.3906 per share. The ex-dividend date was Friday, February 28th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 7.35%.

Brighthouse Financial Company Profile

Brighthouse Financial, Inc operates as a holding company, which engages in the provision of life insurance and annuities through independent distribution channels and marketing arrangements with diverse network of distribution partners. It operates through the following segments: Annuities; Life; Run-Off; and Corporate & Others.