Brighthouse Financial, Inc. (NASDAQ:BHFAP – Get Free Report) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 8,100 shares, an increase of 107.7% from the December 31st total of 3,900 shares. Based on an average daily trading volume, of 37,700 shares, the short-interest ratio is currently 0.2 days.
Brighthouse Financial Stock Up 0.8 %
Shares of Brighthouse Financial stock traded up $0.18 on Thursday, hitting $21.76. The stock had a trading volume of 101,180 shares, compared to its average volume of 52,273. Brighthouse Financial has a one year low of $20.19 and a one year high of $25.51. The stock’s 50-day simple moving average is $22.66 and its two-hundred day simple moving average is $23.77.
Brighthouse Financial Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 26th. Shareholders of record on Tuesday, December 10th were issued a $0.4125 dividend. This represents a $1.65 dividend on an annualized basis and a yield of 7.58%. The ex-dividend date was 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.
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