Brighthouse Financial, Inc. (NASDAQ:BHFAP – Get Free Report) saw a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 15,500 shares, an increase of 40.9% from the November 15th total of 11,000 shares. Based on an average daily trading volume, of 26,700 shares, the days-to-cover ratio is currently 0.6 days.
Brighthouse Financial Stock Performance
Shares of BHFAP traded down $0.05 during trading hours on Friday, hitting $22.90. The stock had a trading volume of 1,159 shares, compared to its average volume of 26,836. The firm has a 50-day moving average price of $24.45 and a 200 day moving average price of $23.94. Brighthouse Financial has a fifty-two week low of $21.05 and a fifty-two week high of $25.51.
Brighthouse Financial Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, December 26th. Stockholders of record on Tuesday, December 10th will be issued a dividend of $0.4125 per share. This represents a $1.65 annualized dividend and a dividend yield of 7.21%. The ex-dividend date is Tuesday, December 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.
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