Brighthouse Financial, Inc. (NASDAQ:BHFAM – Get Free Report) was the recipient of a significant increase in short interest in February. As of February 28th, there was short interest totalling 40,400 shares, an increase of 106.1% from the February 13th total of 19,600 shares. Based on an average trading volume of 53,200 shares, the days-to-cover ratio is currently 0.8 days.
Brighthouse Financial Price Performance
NASDAQ:BHFAM opened at $15.23 on Friday. Brighthouse Financial has a 12 month low of $14.50 and a 12 month high of $18.95. The company’s 50 day moving average is $15.46 and its 200-day moving average is $16.70.
Brighthouse Financial Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Monday, March 10th will be given a $0.2891 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 7.59%. The ex-dividend date is Monday, March 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.
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