Short Interest in Brighthouse Financial, Inc. (NASDAQ:BHFAN) Grows By 137.8%

Brighthouse Financial, Inc. (NASDAQ:BHFAN) was the target of a large increase in short interest in March. As of March 31st, there was short interest totalling 64,200 shares, an increase of 137.8% from the March 15th total of 27,000 shares. Based on an average daily trading volume, of 84,800 shares, the days-to-cover ratio is presently 0.8 days.

Brighthouse Financial Stock Performance

BHFAN stock traded up $0.14 during trading hours on Thursday, hitting $15.24. The company’s stock had a trading volume of 20,076 shares, compared to its average volume of 62,012. The stock has a 50 day moving average price of $16.36 and a two-hundred day moving average price of $18.22. Brighthouse Financial has a 12 month low of $14.54 and a 12 month high of $21.63.

Brighthouse Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 25th. Shareholders of record on Monday, March 10th were given a dividend of $0.3359 per share. This represents a $1.34 annualized dividend and a yield of 8.82%. The ex-dividend date of this dividend was Monday, March 10th.

About Brighthouse Financial

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.