Brighthouse Financial, Inc. (NASDAQ:BHFAO) Sees Significant Growth in Short Interest

Brighthouse Financial, Inc. (NASDAQ:BHFAO) saw a significant increase in short interest in November. As of November 30th, there was short interest totalling 20,000 shares, an increase of 72.4% from the November 15th total of 11,600 shares. Based on an average trading volume of 23,500 shares, the short-interest ratio is presently 0.9 days.

Brighthouse Financial Price Performance

NASDAQ BHFAO traded down $0.27 on Friday, hitting $23.75. The stock had a trading volume of 57,947 shares, compared to its average volume of 25,958. Brighthouse Financial has a 52-week low of $21.75 and a 52-week high of $26.00. The business’s fifty day moving average price is $24.80 and its 200 day moving average price is $24.84.

Brighthouse Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 26th. Investors of record on Tuesday, December 10th will be given a dividend of $0.4219 per share. This represents a $1.69 annualized dividend and a yield of 7.11%. 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.