Brighthouse Financial, Inc. (NASDAQ:BHFAN – Get Free Report) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totalling 27,600 shares, an increase of 190.5% from the December 31st total of 9,500 shares. Based on an average daily trading volume, of 67,300 shares, the days-to-cover ratio is currently 0.4 days.
Brighthouse Financial Stock Down 4.8 %
BHFAN opened at $17.40 on Wednesday. The business’s fifty day simple moving average is $18.70 and its 200 day simple moving average is $19.45. Brighthouse Financial has a 52 week low of $16.48 and a 52 week high of $21.63.
Brighthouse Financial Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, December 26th. Shareholders of record on Tuesday, December 10th were paid a dividend of $0.3359 per share. The ex-dividend date of this dividend was Tuesday, December 10th. This represents a $1.34 annualized dividend and a dividend yield of 7.72%.
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.
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