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

Brighthouse Financial, Inc. (NASDAQ:BHFAN) saw a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 37,084 shares, a growth of 187.2% from the February 12th total of 12,914 shares. Based on an average daily volume of 159,427 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 159,427 shares, the days-to-cover ratio is presently 0.2 days.

Brighthouse Financial Trading Down 0.4%

BHFAN traded down $0.05 during trading on Thursday, hitting $13.14. The company had a trading volume of 14,407 shares, compared to its average volume of 107,144. The business has a 50-day moving average of $13.48 and a 200-day moving average of $13.39. Brighthouse Financial has a 1-year low of $11.51 and a 1-year high of $17.40.

Brighthouse Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 25th. Investors of record on Tuesday, March 10th will be issued a $0.3359 dividend. This represents a $1.34 annualized dividend and a yield of 10.2%. The ex-dividend date of this dividend is Tuesday, March 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.