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

Brighthouse Financial, Inc. (NASDAQ:BHFAN) saw a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 61,496 shares, a growth of 86.6% from the December 31st total of 32,954 shares. Based on an average daily volume of 115,692 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 115,692 shares, the short-interest ratio is currently 0.5 days.

Brighthouse Financial Price Performance

Shares of BHFAN traded down $0.10 during mid-day trading on Friday, hitting $13.72. 60,008 shares of the company’s stock were exchanged, compared to its average volume of 123,845. The business’s 50 day moving average is $13.07 and its two-hundred day moving average is $13.45. Brighthouse Financial has a fifty-two week low of $11.51 and a fifty-two week high of $17.48.

Brighthouse Financial Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Wednesday, December 10th were issued a dividend of $0.3359 per share. This represents a $1.34 annualized dividend and a dividend yield of 9.8%. The ex-dividend date was Wednesday, December 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.