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

Brighthouse Financial, Inc. (NASDAQ:BHFAN) saw a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 22,100 shares, a growth of 23.5% from the February 13th total of 17,900 shares. Based on an average daily volume of 85,100 shares, the short-interest ratio is presently 0.3 days.

Brighthouse Financial Price Performance

Brighthouse Financial stock opened at $16.76 on Tuesday. Brighthouse Financial has a 12-month low of $15.75 and a 12-month high of $21.63. The firm’s 50-day moving average is $17.18 and its two-hundred day moving average is $18.90.

Brighthouse Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Monday, March 10th will be paid a dividend of $0.3359 per share. The ex-dividend date of this dividend is Monday, March 10th. This represents a $1.34 annualized dividend and a dividend yield of 8.02%.

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.