Brighthouse Financial, Inc. (NASDAQ:BHFAL) Shares Shorted: Short Interest Up 189.2% in September

Brighthouse Financial, Inc. (NASDAQ:BHFAL) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 1,883 shares, an increase of 189.2% from the August 31st total of 651 shares. Based on an average trading volume of 26,471 shares, the short-interest ratio is currently 0.1 days.

Brighthouse Financial Price Performance

Shares of BHFAL traded down $0.20 during mid-day trading on Friday, hitting $15.63. 17,158 shares of the company traded hands, compared to its average volume of 25,349. Brighthouse Financial has a one year low of $14.98 and a one year high of $19.26. The business has a 50-day moving average of $15.54 and a 200 day moving average of $16.16.

Brighthouse Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were given a $0.3906 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 10.0%. The ex-dividend date was Tuesday, September 1st.

Brighthouse Financial Company Profile

Brighthouse Financial, Inc is a U.S.-based provider of annuities and life insurance products. The company focuses on helping individuals address retirement income, asset protection and legacy-planning needs through insurance-based financial solutions.

Its annuity offerings include variable, fixed and registered index-linked annuities, which are designed to provide retirement income and, depending on the product, growth potential and protection from market losses. Brighthouse also offers life insurance products, including term and permanent policies, to provide death-benefit protection and support long-term financial planning.

Brighthouse Financial was established as a standalone company following its 2017 separation from MetLife.