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

Brighthouse Financial, Inc. (NASDAQ:BHFAP) saw a large decrease in short interest in March. As of March 31st, there was short interest totalling 25,500 shares, a decrease of 26.7% from the March 15th total of 34,800 shares. Based on an average trading volume of 30,100 shares, the short-interest ratio is presently 0.8 days.

Brighthouse Financial Trading Up 0.7 %

Shares of Brighthouse Financial stock traded up $0.17 on Friday, hitting $23.18. 17,235 shares of the company were exchanged, compared to its average volume of 29,712. Brighthouse Financial has a 1-year low of $19.05 and a 1-year high of $24.99. The company has a 50-day moving average price of $24.21 and a 200 day moving average price of $22.59.

Brighthouse Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 25th. Shareholders of record on Sunday, March 10th were issued a $0.4125 dividend. This represents a $1.65 annualized dividend and a yield of 7.12%. The ex-dividend date of this dividend was Thursday, March 7th.

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.