Brighthouse Financial, Inc. (NASDAQ:BHFAP) Short Interest Up 107.7% in December

Brighthouse Financial, Inc. (NASDAQ:BHFAP) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 8,100 shares, an increase of 107.7% from the December 15th total of 3,900 shares. Based on an average trading volume of 37,700 shares, the days-to-cover ratio is currently 0.2 days.

Brighthouse Financial Price Performance

BHFAP traded up $0.13 on Tuesday, hitting $21.55. 14,606 shares of the company were exchanged, compared to its average volume of 46,864. Brighthouse Financial has a 12 month low of $21.20 and a 12 month high of $25.51. The firm has a fifty day simple moving average of $23.24 and a two-hundred day simple moving average of $23.86.

Brighthouse Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 26th. Stockholders of record on Tuesday, December 10th were given a $0.4125 dividend. The ex-dividend date was Tuesday, December 10th. This represents a $1.65 dividend on an annualized basis and a dividend yield of 7.66%.

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.