Brighthouse Financial, Inc. (NASDAQ:BHFAN) Stock Short Interest Climbs 186.4%

Brighthouse Financial, Inc. (NASDAQ:BHFAN) was the recipient of a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 37,527 shares, an increase of 186.4% from the October 15th total of 13,104 shares. Based on an average daily trading volume, of 74,311 shares, the days-to-cover ratio is presently 0.5 days.

Brighthouse Financial Price Performance

Shares of NASDAQ:BHFAN traded down $0.08 during midday trading on Friday, hitting $9.93. The stock had a trading volume of 69,239 shares, compared to its average volume of 73,757. The company’s 50-day moving average price is $10.86 and its 200-day moving average price is $12.10. Brighthouse Financial has a fifty-two week low of $9.93 and a fifty-two week high of $14.05.

Brighthouse Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Thursday, September 10th were paid a dividend of $0.3359 per share. The ex-dividend date of this dividend was Thursday, September 10th. This represents a $1.34 annualized dividend and a yield of 13.5%.

Brighthouse Financial Company Profile

Brighthouse Financial, Inc. is a U.S.-based financial services company focused on life insurance and annuity products. Its offerings include variable, fixed and income annuities, as well as life insurance designed to help individuals and families address protection and retirement-planning needs. The company distributes its products in the United States through financial professionals and other distribution partners. Brighthouse Financial became an independent, publicly traded company in 2017 following its separation from MetLife.