Short Interest in Brighthouse Financial, Inc. (NASDAQ:BHFAP) Increases By 75.9%

Brighthouse Financial, Inc. (NASDAQ:BHFAP) was the recipient of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 13,900 shares, a growth of 75.9% from the March 15th total of 7,900 shares. Based on an average daily trading volume, of 41,700 shares, the days-to-cover ratio is presently 0.3 days.

Brighthouse Financial Stock Up 0.2 %

NASDAQ BHFAP opened at $18.72 on Friday. Brighthouse Financial has a 1-year low of $18.38 and a 1-year high of $25.51. The company has a 50 day moving average of $20.65 and a 200-day moving average of $22.47.

Brighthouse Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 25th. Shareholders of record on Monday, March 10th were given a $0.4125 dividend. The ex-dividend date was Monday, March 10th. This represents a $1.65 annualized dividend and a yield of 8.81%.

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.