Short Interest in Brighthouse Financial, Inc. (NASDAQ:BHFAL) Decreases By 79.1%

Brighthouse Financial, Inc. (NASDAQ:BHFAL) was the recipient of a large decline in short interest in March. As of March 13th, there was short interest totaling 1,188 shares, a decline of 79.1% from the February 26th total of 5,675 shares. Based on an average daily volume of 24,264 shares, the days-to-cover ratio is currently 0.0 days.

Brighthouse Financial Stock Performance

Shares of NASDAQ BHFAL opened at $16.68 on Thursday. The stock’s 50-day moving average is $17.52 and its two-hundred day moving average is $17.57. Brighthouse Financial has a 1-year low of $16.15 and a 1-year high of $21.80.

Brighthouse Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Sunday, March 1st were paid a $0.3906 dividend. The ex-dividend date was Friday, February 27th. This represents a $1.56 dividend on an annualized basis and a yield of 9.4%.

About Brighthouse Financial

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.