Brighthouse Financial, Inc. (NASDAQ:BHFAL) Short Interest Down 29.9% in February

Brighthouse Financial, Inc. (NASDAQ:BHFAL) saw a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 69,000 shares, a drop of 29.9% from the February 13th total of 98,400 shares. Based on an average daily trading volume, of 31,300 shares, the days-to-cover ratio is presently 2.2 days.

Brighthouse Financial Stock Up 0.0 %

Shares of BHFAL stock opened at $21.71 on Monday. The company has a 50-day moving average of $22.23 and a two-hundred day moving average of $23.72. Brighthouse Financial has a 1-year low of $20.65 and a 1-year high of $25.47.

Brighthouse Financial Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Saturday, March 1st will be paid a dividend of $0.3906 per share. This represents a $1.56 annualized dividend and a yield of 7.20%. The ex-dividend date is Friday, February 28th.

About Brighthouse Financial

Brighthouse Financial, Inc operates as a holding company, which engages in the provision of life insurance and annuities through independent distribution channels and marketing arrangements with diverse network of distribution partners. It operates through the following segments: Annuities; Life; Run-Off; and Corporate & Others.