Brighthouse Financial, Inc. (NASDAQ:BHFAM) Short Interest Up 11.5% in January

Brighthouse Financial, Inc. (NASDAQ:BHFAM) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totalling 9,700 shares, an increase of 11.5% from the December 31st total of 8,700 shares. Based on an average daily volume of 45,100 shares, the short-interest ratio is presently 0.2 days.

Brighthouse Financial Price Performance

NASDAQ BHFAM traded down $0.32 on Monday, hitting $14.65. 43,329 shares of the company were exchanged, compared to its average volume of 80,006. Brighthouse Financial has a twelve month low of $14.50 and a twelve month high of $18.95. The company’s 50 day moving average price is $16.26 and its 200-day moving average price is $16.99.

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 issued a dividend of $0.2891 per share. This represents a $1.16 annualized dividend and a dividend yield of 7.89%. The ex-dividend date of this dividend was Tuesday, December 10th.

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.