Brighthouse Financial, Inc. (NASDAQ:BHFAO) Short Interest Up 300.0% in November

Posted by Casey Walker on Nov 28th, 2024

Brighthouse Financial, Inc. (NASDAQ:BHFAO – Get Free Report) was the recipient of a significant increase in short interest in November. As of November 15th, there was short interest totalling 11,600 shares, an increase of 300.0% from the October 31st total of 2,900 shares. Based on an average trading volume of 22,900 shares, the days-to-cover ratio is currently 0.5 days.

Brighthouse Financial Stock Up 0.1 %

NASDAQ BHFAO traded up $0.03 during trading on Wednesday, hitting $24.44. 18,576 shares of the company’s stock were exchanged, compared to its average volume of 25,703. Brighthouse Financial has a fifty-two week low of $21.07 and a fifty-two week high of $26.00. The stock’s 50 day moving average price is $25.05 and its two-hundred day moving average price is $24.82.

Brighthouse Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 26th. Shareholders of record on Tuesday, December 10th will be paid a dividend of $0.4219 per share. This represents a $1.69 annualized dividend and a yield of 6.90%. The ex-dividend date is Tuesday, December 10th.

About Brighthouse Financial

(Get Free Report)

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.