Brighthouse Financial, Inc. (NASDAQ:BHFAN) Sees Large Decline in Short Interest

Brighthouse Financial, Inc. (NASDAQ:BHFAN) was the recipient of a significant decrease in short interest in November. As of November 15th, there was short interest totalling 3,000 shares, a decrease of 74.4% from the October 31st total of 11,700 shares. Based on an average daily volume of 64,400 shares, the short-interest ratio is presently 0.0 days.

Brighthouse Financial Stock Performance

BHFAN stock traded up $0.11 during midday trading on Thursday, reaching $19.45. The company’s stock had a trading volume of 24,513 shares, compared to its average volume of 46,894. The stock has a fifty day simple moving average of $20.36 and a two-hundred day simple moving average of $19.64. Brighthouse Financial has a 1 year low of $16.70 and a 1 year high of $21.63.

Brighthouse Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 26th. Stockholders of record on Tuesday, December 10th will be given a dividend of $0.3359 per share. This represents a $1.34 dividend on an annualized basis and a dividend yield of 6.91%. The ex-dividend date of this dividend is Tuesday, December 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.