Brighthouse Financial, Inc. (NASDAQ:BHFAP) Short Interest Down 41.9% in March

Brighthouse Financial, Inc. (NASDAQ:BHFAPGet Free Report) was the target of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 7,900 shares, a drop of 41.9% from the February 28th total of 13,600 shares. Based on an average daily trading volume, of 45,000 shares, the short-interest ratio is presently 0.2 days.

Brighthouse Financial Stock Performance

Shares of BHFAP stock opened at $20.19 on Friday. The company has a 50 day moving average of $21.50 and a 200-day moving average of $23.09. Brighthouse Financial has a 12-month low of $20.10 and a 12-month high of $25.51.

Brighthouse Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 25th. Shareholders of record on Monday, March 10th were given a $0.4125 dividend. This represents a $1.65 dividend on an annualized basis and a yield of 8.17%. The ex-dividend date was Monday, March 10th.

Brighthouse Financial Company Profile

(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.

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