Brighthouse Financial, Inc. (NASDAQ:BHFAL – Get Free Report) was the recipient of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 5,675 shares, a growth of 358.8% from the February 12th total of 1,237 shares. Based on an average daily volume of 33,357 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 33,357 shares, the days-to-cover ratio is presently 0.2 days.
Brighthouse Financial Stock Up 0.6%
NASDAQ:BHFAL traded up $0.10 during mid-day trading on Thursday, reaching $17.16. The company’s stock had a trading volume of 7,175 shares, compared to its average volume of 28,093. The company’s fifty day simple moving average is $17.64 and its two-hundred day simple moving average is $17.76. Brighthouse Financial has a twelve month low of $16.15 and a twelve month high of $22.18.
Brighthouse Financial Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Sunday, March 1st will be given a $0.3906 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $1.56 annualized dividend and a dividend yield of 9.1%.
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.
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