Short Interest in Brighthouse Financial, Inc. (NASDAQ:BHFAL) Decreases By 29.9%

Brighthouse Financial, Inc. (NASDAQ:BHFAL) was the recipient of a large decline in short interest in February. As of February 28th, there was short interest totalling 69,000 shares, a decline of 29.9% from the February 13th total of 98,400 shares. Based on an average trading volume of 31,300 shares, the short-interest ratio is currently 2.2 days.

Brighthouse Financial Stock Up 0.5 %

Shares of Brighthouse Financial stock opened at $21.82 on Tuesday. Brighthouse Financial has a 1-year low of $20.65 and a 1-year high of $25.47. The business’s fifty day moving average price is $22.18 and its two-hundred day moving average price is $23.71.

Brighthouse Financial Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Saturday, March 1st were paid a $0.3906 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 7.16%. The ex-dividend date of this dividend was Friday, February 28th.

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.