Short Interest in Brighthouse Financial, Inc. (NASDAQ:BHFAP) Drops By 41.9%

Brighthouse Financial, Inc. (NASDAQ:BHFAP) was the recipient of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 7,900 shares, a decline of 41.9% from the February 28th total of 13,600 shares. Based on an average daily trading volume, of 45,000 shares, the days-to-cover ratio is currently 0.2 days.

Brighthouse Financial Price Performance

NASDAQ BHFAP opened at $20.19 on Monday. Brighthouse Financial has a twelve month low of $20.10 and a twelve month high of $25.51. The company’s 50-day simple moving average is $21.50 and its 200 day simple moving average is $23.07.

Brighthouse Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 25th. Stockholders of record on Monday, March 10th were paid a $0.4125 dividend. The ex-dividend date was Monday, March 10th. This represents a $1.65 annualized dividend and a dividend yield of 8.17%.

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.