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

Brighthouse Financial, Inc. (NASDAQ:BHFAP) was the recipient of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 30,788 shares, a decline of 47.0% from the August 31st total of 58,111 shares. Based on an average daily trading volume, of 30,469 shares, the days-to-cover ratio is presently 1.0 days.

Brighthouse Financial Stock Performance

Brighthouse Financial stock opened at $13.77 on Thursday. Brighthouse Financial has a 52-week low of $13.44 and a 52-week high of $17.95. The stock’s 50 day moving average price is $13.95 and its two-hundred day moving average price is $14.88.

Brighthouse Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Thursday, September 10th were given a dividend of $0.4125 per share. This represents a $1.65 dividend on an annualized basis and a dividend yield of 12.0%. The ex-dividend date was Thursday, September 10th.

Brighthouse Financial Company Profile

Brighthouse Financial, Inc is a U.S.-based provider of annuities and life insurance products designed to help individuals manage income, retirement and protection needs. The company serves retail and institutional customers primarily through independent distribution channels, including financial professionals, banks, broker-dealers and insurance agencies.

Brighthouse’s product portfolio includes fixed, indexed and variable annuities, as well as life insurance products such as universal life and variable universal life policies.