Short Interest in Brighthouse Financial, Inc. (NASDAQ:BHFAP) Grows By 107.7%

Brighthouse Financial, Inc. (NASDAQ:BHFAP) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 8,100 shares, an increase of 107.7% from the December 31st total of 3,900 shares. Based on an average daily trading volume, of 37,700 shares, the short-interest ratio is currently 0.2 days.

Brighthouse Financial Price Performance

Brighthouse Financial stock traded up $0.18 during mid-day trading on Thursday, reaching $21.76. 101,180 shares of the company were exchanged, compared to its average volume of 52,273. Brighthouse Financial has a 12 month low of $20.19 and a 12 month high of $25.51. The company has a fifty day simple moving average of $22.66 and a 200-day simple moving average of $23.77.

Brighthouse Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 26th. Shareholders of record on Tuesday, December 10th were given a $0.4125 dividend. This represents a $1.65 dividend on an annualized basis and a yield of 7.58%. The ex-dividend date was Tuesday, December 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.