Short Interest in Brighthouse Financial, Inc. (NASDAQ:BHFAM) Decreases By 82.7%

Brighthouse Financial, Inc. (NASDAQ:BHFAM) was the target of a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 3,700 shares, a decrease of 82.7% from the January 15th total of 21,400 shares. Based on an average daily trading volume, of 57,800 shares, the short-interest ratio is currently 0.1 days.

Brighthouse Financial Stock Down 0.4 %

BHFAM stock traded down $0.06 during trading on Wednesday, reaching $14.93. 10,351 shares of the stock were exchanged, compared to its average volume of 67,116. Brighthouse Financial has a twelve month low of $14.50 and a twelve month high of $18.95. The stock has a 50 day simple moving average of $15.94 and a 200-day simple moving average of $16.92.

Brighthouse Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, December 26th. Investors of record on Tuesday, December 10th were given a $0.2891 dividend. The ex-dividend date of this dividend was Tuesday, December 10th. This represents a $1.16 annualized dividend and a yield of 7.74%.

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.