Brighthouse Financial, Inc. (NASDAQ:BHFAO – Get Free Report) saw a large growth in short interest in September. As of September 30th, there was short interest totaling 6,398 shares, a growth of 59.0% from the September 15th total of 4,025 shares. Based on an average daily volume of 48,450 shares, the days-to-cover ratio is presently 0.1 days.
Brighthouse Financial Price Performance
Shares of Brighthouse Financial stock traded down $0.03 during mid-day trading on Friday, hitting $13.15. 6,548 shares of the stock were exchanged, compared to its average volume of 41,166. Brighthouse Financial has a twelve month low of $13.09 and a twelve month high of $18.18. The company has a 50-day simple moving average of $14.16 and a 200 day simple moving average of $15.15.
Brighthouse Financial Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Thursday, September 10th were issued a dividend of $0.4219 per share. The ex-dividend date of this dividend was Thursday, September 10th. This represents a $1.69 annualized dividend and a dividend yield of 12.8%.
About Brighthouse Financial
Brighthouse Financial, Inc is a U.S.-based provider of annuities and life insurance products designed to help individuals and families address retirement income, wealth transfer and financial protection needs. The company serves customers primarily through independent agents, financial professionals and other distribution partners.
Its offerings include variable, fixed, registered index-linked and income annuities, as well as life insurance products such as universal life and variable universal life policies.
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