Brighthouse Financial, Inc. (NASDAQ:BHFAL) Short Interest Update

Brighthouse Financial, Inc. (NASDAQ:BHFAL) was the recipient of a significant growth in short interest in January. As of January 31st, there was short interest totalling 159,600 shares, a growth of 6.2% from the January 15th total of 150,300 shares. Based on an average daily trading volume, of 30,800 shares, the short-interest ratio is presently 5.2 days.

Brighthouse Financial Stock Performance

BHFAL stock traded up $0.24 during mid-day trading on Monday, reaching $22.26. 16,627 shares of the company’s stock were exchanged, compared to its average volume of 33,308. Brighthouse Financial has a 12-month low of $20.65 and a 12-month high of $25.47. The stock’s 50 day moving average is $23.18 and its 200 day moving average is $23.89.

Brighthouse Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Sunday, December 1st were given a dividend of $0.3906 per share. The ex-dividend date was Friday, November 29th. This represents a $1.56 annualized dividend and a dividend yield of 7.02%.

Institutional Investors Weigh In On Brighthouse Financial

An institutional investor recently raised its position in Brighthouse Financial stock. Crossmark Global Holdings Inc. grew its holdings in Brighthouse Financial, Inc. (NASDAQ:BHFAL) by 1.3% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 267,741 shares of the company’s stock after buying an additional 3,565 shares during the period. Crossmark Global Holdings Inc.’s holdings in Brighthouse Financial were worth $6,787,000 as of its most recent filing with the Securities & Exchange Commission.

About Brighthouse Financial

Brighthouse Financial, Inc operates as a holding company, which engages in the provision of life insurance and annuities through independent distribution channels and marketing arrangements with diverse network of distribution partners. It operates through the following segments: Annuities; Life; Run-Off; and Corporate & Others.