Brighthouse Financial, Inc. (NASDAQ:BHFAN) Short Interest Update

Brighthouse Financial, Inc. (NASDAQ:BHFAN) was the recipient of a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 3,000 shares, a drop of 74.4% from the October 31st total of 11,700 shares. Based on an average daily trading volume, of 64,400 shares, the days-to-cover ratio is presently 0.0 days.

Brighthouse Financial Price Performance

Shares of BHFAN traded up $0.11 during mid-day trading on Wednesday, hitting $19.45. 24,513 shares of the company’s stock traded hands, compared to its average volume of 46,894. Brighthouse Financial has a 1 year low of $16.70 and a 1 year high of $21.63. The business’s 50-day moving average price is $20.36 and its 200-day moving average price is $19.64.

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 paid a $0.3359 dividend. This represents a $1.34 dividend on an annualized basis and a yield of 6.91%. The ex-dividend date of this dividend is Tuesday, December 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.