Short Interest in Brighthouse Financial, Inc. (NASDAQ:BHFAP) Increases By 53.2%

Brighthouse Financial, Inc. (NASDAQ:BHFAP) was the target of a large growth in short interest in April. As of April 15th, there was short interest totalling 21,300 shares, a growth of 53.2% from the March 31st total of 13,900 shares. Based on an average daily trading volume, of 41,400 shares, the short-interest ratio is currently 0.5 days.

Brighthouse Financial Stock Performance

Brighthouse Financial stock opened at $20.25 on Wednesday. The company’s 50-day moving average price is $20.27 and its 200-day moving average price is $22.13. Brighthouse Financial has a twelve month low of $18.38 and a twelve month high of $25.51.

Brighthouse Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 25th. Stockholders of record on Monday, March 10th were issued a $0.4125 dividend. This represents a $1.65 dividend on an annualized basis and a dividend yield of 8.15%. The ex-dividend date of this dividend was Monday, March 10th.

About Brighthouse Financial

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.