Brighthouse Financial, Inc. (NASDAQ:BHFAN – Get Free Report) was the recipient of a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 27,081 shares, a decrease of 56.0% from the January 15th total of 61,496 shares. Based on an average trading volume of 119,872 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 119,872 shares, the short-interest ratio is currently 0.2 days.
Brighthouse Financial Price Performance
BHFAN stock opened at $13.58 on Friday. Brighthouse Financial has a 52-week low of $11.51 and a 52-week high of $17.48. The business has a fifty day moving average of $13.11 and a two-hundred day moving average of $13.47.
Brighthouse Financial Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Wednesday, December 10th were issued a $0.3359 dividend. This represents a $1.34 annualized dividend and a yield of 9.9%. The ex-dividend date was Wednesday, December 10th.
Brighthouse Financial Company Profile
Brighthouse Financial, Inc is a U.S.-based provider of annuity and life insurance products that was spun off from MetLife in August 2017. Headquartered in Charlotte, North Carolina, the company focuses on helping individuals and families prepare for retirement by offering a range of guaranteed-income solutions. Brighthouse Financial operates as a standalone public company under the ticker BHFAN on the NASDAQ exchange.
The company’s product portfolio includes fixed indexed annuities, fixed deferred annuities and lifetime income solutions designed to deliver predictable retirement cash flows.
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