Brighthouse Financial, Inc. (NASDAQ:BHFAP) Sees Large Decrease in Short Interest

Brighthouse Financial, Inc. (NASDAQ:BHFAP) was the recipient of a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 17,600 shares, a drop of 31.0% from the March 31st total of 25,500 shares. Based on an average daily volume of 29,100 shares, the short-interest ratio is presently 0.6 days.

Brighthouse Financial Trading Up 0.6 %

Shares of NASDAQ:BHFAP traded up $0.14 on Monday, hitting $22.82. The company had a trading volume of 7,643 shares, compared to its average volume of 29,391. The firm’s 50-day simple moving average is $23.91 and its two-hundred day simple moving average is $22.63. Brighthouse Financial has a 1 year low of $19.05 and a 1 year high of $24.99.

Brighthouse Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 25th. Stockholders of record on Sunday, March 10th were given a $0.4125 dividend. The ex-dividend date was Thursday, March 7th. This represents a $1.65 annualized dividend and a dividend yield of 7.23%.

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.