Brighthouse Financial, Inc. (NASDAQ:BHFAO – Get Free Report) saw a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 20,000 shares, an increase of 72.4% from the November 15th total of 11,600 shares. Based on an average daily trading volume, of 23,500 shares, the short-interest ratio is currently 0.9 days.
Brighthouse Financial Stock Down 1.1 %
NASDAQ BHFAO traded down $0.27 during midday trading on Friday, hitting $23.75. 57,947 shares of the company traded hands, compared to its average volume of 25,958. Brighthouse Financial has a 52 week low of $21.75 and a 52 week high of $26.00. The company’s 50-day simple moving average is $24.80 and its 200-day simple moving average is $24.84.
Brighthouse Financial Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 26th. Investors of record on Tuesday, December 10th will be given a dividend of $0.4219 per share. This represents a $1.69 dividend on an annualized basis and a yield of 7.11%. The ex-dividend date of this dividend 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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