Brighthouse Financial, Inc. (NASDAQ:BHFAO – Get Free Report) was the target of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 22,200 shares, a drop of 39.0% from the February 13th total of 36,400 shares. Based on an average daily trading volume, of 52,600 shares, the short-interest ratio is presently 0.4 days.
Brighthouse Financial Price Performance
Shares of NASDAQ:BHFAO traded up $0.28 during midday trading on Friday, hitting $22.28. 40,564 shares of the stock were exchanged, compared to its average volume of 31,792. Brighthouse Financial has a 52-week low of $20.74 and a 52-week high of $26.00. The business’s fifty day simple moving average is $22.36 and its two-hundred day simple moving average is $23.89.
Brighthouse Financial Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 25th. Investors of record on Monday, March 10th will be issued a dividend of $0.4219 per share. The ex-dividend date of this dividend is Monday, March 10th. This represents a $1.69 annualized dividend and a dividend yield of 7.57%.
Institutional Trading of Brighthouse Financial
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.
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