Short Interest in Brighthouse Financial, Inc. (NASDAQ:BHFAM) Increases By 24.5%

Brighthouse Financial, Inc. (NASDAQ:BHFAM) was the recipient of a large increase in short interest in November. As of November 15th, there was short interest totalling 6,600 shares, an increase of 24.5% from the October 31st total of 5,300 shares. Based on an average daily volume of 35,000 shares, the days-to-cover ratio is presently 0.2 days.

Brighthouse Financial Stock Performance

NASDAQ:BHFAM traded up $0.55 during trading hours on Friday, hitting $17.70. The company’s stock had a trading volume of 51,768 shares, compared to its average volume of 34,410. Brighthouse Financial has a twelve month low of $14.24 and a twelve month high of $18.95. The stock has a fifty day simple moving average of $17.78 and a 200-day simple moving average of $17.05.

Brighthouse Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 26th. Investors of record on Tuesday, December 10th will be issued a dividend of $0.2891 per share. This represents a $1.16 annualized dividend and a dividend yield of 6.53%. The ex-dividend date is 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.