Brighthouse Financial, Inc. (NASDAQ:BHFAP) Short Interest Down 41.9% in March

Brighthouse Financial, Inc. (NASDAQ:BHFAP) was the recipient of a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 7,900 shares, a drop of 41.9% from the February 28th total of 13,600 shares. Based on an average trading volume of 45,000 shares, the short-interest ratio is currently 0.2 days.

Brighthouse Financial Stock Performance

Shares of NASDAQ BHFAP opened at $20.19 on Friday. Brighthouse Financial has a 52 week low of $20.10 and a 52 week high of $25.51. The business has a 50-day simple moving average of $21.50 and a two-hundred day simple moving average of $23.09.

Brighthouse Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 25th. Stockholders of record on Monday, March 10th were given a $0.4125 dividend. The ex-dividend date was Monday, March 10th. This represents a $1.65 dividend on an annualized basis and a dividend yield of 8.17%.

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.