Brighthouse Financial, Inc. (NASDAQ:BHFAL) Short Interest Update

Brighthouse Financial, Inc. (NASDAQ:BHFAL) was the recipient of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 166,200 shares, an increase of 66.0% from the March 15th total of 100,100 shares. Based on an average daily volume of 32,000 shares, the days-to-cover ratio is currently 5.2 days.

Brighthouse Financial Trading Up 0.1 %

Shares of NASDAQ BHFAL traded up $0.03 during midday trading on Thursday, hitting $19.53. The company’s stock had a trading volume of 6,649 shares, compared to its average volume of 25,880. Brighthouse Financial has a 1-year low of $19.48 and a 1-year high of $25.47. The firm’s fifty day moving average price is $21.28 and its 200-day moving average price is $23.10.

Brighthouse Financial Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Saturday, March 1st were issued a $0.3906 dividend. This represents a $1.56 annualized dividend and a dividend yield of 8.00%. The ex-dividend date was Friday, February 28th.

Brighthouse Financial Company Profile

Brighthouse Financial, Inc operates as a holding company, which engages in the provision of life insurance and annuities through independent distribution channels and marketing arrangements with diverse network of distribution partners. It operates through the following segments: Annuities; Life; Run-Off; and Corporate & Others.