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

Brighthouse Financial, Inc. (NASDAQ:BHFAM) saw a significant increase in short interest in March. As of March 15th, there was short interest totalling 54,100 shares, an increase of 33.9% from the February 28th total of 40,400 shares. Based on an average daily trading volume, of 49,700 shares, the days-to-cover ratio is presently 1.1 days.

Brighthouse Financial Trading Up 0.4 %

Shares of NASDAQ BHFAM opened at $14.46 on Monday. Brighthouse Financial has a 12-month low of $14.32 and a 12-month high of $18.95. The firm’s 50-day simple moving average is $15.29 and its 200 day simple moving average is $16.55.

Brighthouse Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 25th. Investors of record on Monday, March 10th were issued a $0.2891 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 8.00%. The ex-dividend date of this dividend was Monday, March 10th.

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.