Brighthouse Financial, Inc. (NASDAQ:BHFAP – Get 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
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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