Brighthouse Financial, Inc. (NASDAQ:BHFAL) Shares Shorted: Short Interest Up 189.2% in September

Brighthouse Financial, Inc. (NASDAQ:BHFAL) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 1,883 shares, a growth of 189.2% from the August 31st total of 651 shares. Based on an average daily trading volume, of 26,471 shares, the days-to-cover ratio is presently 0.1 days.

Brighthouse Financial Stock Down 1.3%

Shares of NASDAQ:BHFAL traded down $0.20 during trading on Friday, reaching $15.63. The company’s stock had a trading volume of 17,158 shares, compared to its average volume of 25,349. Brighthouse Financial has a 12 month low of $14.98 and a 12 month high of $19.26. The firm’s 50 day simple moving average is $15.54 and its two-hundred day simple moving average is $16.16.

Brighthouse Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were paid a $0.3906 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $1.56 annualized dividend and a dividend yield of 10.0%.

About Brighthouse Financial

Brighthouse Financial, which trades under the ticker NASDAQ:BHFAL, is a U.S.-based financial services company that was established in April 2017 through the separation of MetLife’s retail business. The company focuses on helping individuals achieve lifetime financial security by offering a range of retirement income and protection products. Since its spin-off, Brighthouse has operated as an independent, publicly traded entity with a dedicated emphasis on annuities and life insurance solutions.

The company’s core product suite includes fixed and variable annuities designed to provide predictable retirement income, as well as life insurance policies that offer estate planning benefits and death-benefit protection.