Brighthouse Financial, Inc. (NASDAQ:BHFAN) Sees Significant Decline in Short Interest

Brighthouse Financial, Inc. (NASDAQ:BHFAN) was the recipient of a large decrease in short interest in December. As of December 15th, there was short interest totalling 9,500 shares, a decrease of 28.6% from the November 30th total of 13,300 shares. Based on an average daily volume of 64,600 shares, the days-to-cover ratio is currently 0.1 days.

Brighthouse Financial Stock Performance

Shares of BHFAN stock traded down $0.13 during mid-day trading on Friday, reaching $18.54. The company’s stock had a trading volume of 92,443 shares, compared to its average volume of 49,427. The company’s 50 day simple moving average is $19.47 and its 200-day simple moving average is $19.62. Brighthouse Financial has a 12-month low of $17.60 and a 12-month high of $21.63.

Brighthouse Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 26th. Shareholders of record on Tuesday, December 10th were paid a dividend of $0.3359 per share. This represents a $1.34 dividend on an annualized basis and a dividend yield of 7.25%. The ex-dividend date of this dividend 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.