Brighthouse Financial, Inc. (NASDAQ:BHFAO) Short Interest Update

Brighthouse Financial, Inc. (NASDAQ:BHFAO) was the recipient of a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 14,281 shares, a drop of 26.1% from the January 15th total of 19,324 shares. Based on an average daily trading volume, of 37,444 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 37,444 shares, the short-interest ratio is currently 0.4 days.

Brighthouse Financial Stock Performance

Shares of BHFAO opened at $17.04 on Friday. Brighthouse Financial has a 12-month low of $14.19 and a 12-month high of $22.85. The company has a 50-day moving average of $16.28 and a two-hundred day moving average of $16.68.

Brighthouse Financial Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Wednesday, December 10th were issued a $0.4219 dividend. This represents a $1.69 dividend on an annualized basis and a dividend yield of 9.9%. The ex-dividend date of this dividend was Wednesday, December 10th.

Brighthouse Financial Company Profile

Brighthouse Financial, Inc is a U.S.-based provider of annuities and life insurance products focused on helping individuals secure retirement income and long-term financial protection. Established in August 2017 as a corporate spin-off from MetLife, Brighthouse offers a range of solutions designed to address market volatility, longevity risk and the need for guaranteed income streams. The company’s product portfolio includes fixed annuities, fixed indexed annuities, variable annuities and life insurance policies.

The company distributes its products through a network of independent broker-dealers, banks, registered investment advisers and career agents.