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

Brighthouse Financial, Inc. (NASDAQ:BHFAM) saw a significant growth in short interest in December. As of December 31st, there was short interest totalling 9,700 shares, a growth of 11.5% from the December 15th total of 8,700 shares. Based on an average trading volume of 45,100 shares, the days-to-cover ratio is presently 0.2 days.

Brighthouse Financial Stock Performance

BHFAM stock traded down $0.01 during mid-day trading on Friday, hitting $15.95. 31,653 shares of the company were exchanged, compared to its average volume of 61,432. Brighthouse Financial has a 1-year low of $15.05 and a 1-year high of $18.95. The firm’s 50 day simple moving average is $16.53 and its 200 day simple moving average is $17.05.

Brighthouse Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 26th. Investors of record on Tuesday, December 10th were issued a dividend of $0.2891 per share. The ex-dividend date of this dividend was Tuesday, December 10th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 7.25%.

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.