Brighthouse Financial, Inc. (NASDAQ:BHFAL) Short Interest Down 17.2% in December

Brighthouse Financial, Inc. (NASDAQ:BHFAL) was the recipient of a large decrease in short interest in the month of December. As of December 31st, there was short interest totaling 4,529 shares, a decrease of 17.2% from the December 15th total of 5,470 shares. Based on an average trading volume of 91,298 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 91,298 shares, the short-interest ratio is currently 0.0 days.

Brighthouse Financial Stock Down 1.2%

Brighthouse Financial stock traded down $0.22 during trading hours on Tuesday, hitting $17.60. 13,342 shares of the stock traded hands, compared to its average volume of 29,436. The firm’s 50 day moving average price is $17.06 and its 200-day moving average price is $18.06. Brighthouse Financial has a 1 year low of $16.15 and a 1 year high of $24.05.

Brighthouse Financial Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were paid a dividend of $0.3906 per share. This represents a $1.56 annualized dividend and a yield of 8.9%. The ex-dividend date was Monday, December 1st.

Brighthouse Financial Company Profile

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.