Brighthouse Financial, Inc. (NASDAQ:BHFAP) Sees Large Increase in Short Interest

Brighthouse Financial, Inc. (NASDAQ:BHFAP) was the target of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 13,900 shares, an increase of 75.9% from the March 15th total of 7,900 shares. Based on an average daily trading volume, of 41,700 shares, the short-interest ratio is currently 0.3 days.

Brighthouse Financial Price Performance

Shares of NASDAQ:BHFAP opened at $18.72 on Friday. The business’s 50-day moving average is $20.59 and its 200-day moving average is $22.42. Brighthouse Financial has a 1 year low of $18.38 and a 1 year high of $25.51.

Brighthouse Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 25th. Shareholders of record on Monday, March 10th were issued a dividend of $0.4125 per share. This represents a $1.65 dividend on an annualized basis and a dividend yield of 8.81%. The ex-dividend date of this dividend was Monday, March 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.