Brighthouse Financial, Inc. (NASDAQ:BHFAP) Short Interest Update

Brighthouse Financial, Inc. (NASDAQ:BHFAP) saw a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 3,900 shares, a drop of 74.8% from the November 30th total of 15,500 shares. Based on an average trading volume of 30,800 shares, the days-to-cover ratio is presently 0.1 days.

Brighthouse Financial Trading Down 1.8 %

BHFAP traded down $0.40 on Friday, hitting $21.63. 94,727 shares of the company were exchanged, compared to its average volume of 28,309. The business’s fifty day moving average is $23.85 and its 200 day moving average is $23.90. Brighthouse Financial has a fifty-two week low of $21.37 and a fifty-two week high of $25.51.

Brighthouse Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, December 26th. Stockholders of record on Tuesday, December 10th were issued a dividend of $0.4125 per share. The ex-dividend date of this dividend was Tuesday, December 10th. This represents a $1.65 dividend on an annualized basis and a dividend yield of 7.63%.

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.