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

Brighthouse Financial, Inc. (NASDAQ:BHFAO) saw a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 19,336 shares, an increase of 29.0% from the February 12th total of 14,992 shares. Based on an average daily trading volume, of 87,505 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 87,505 shares, the short-interest ratio is currently 0.2 days.

Brighthouse Financial Trading Down 2.3%

Shares of NASDAQ:BHFAO opened at $16.23 on Monday. Brighthouse Financial has a 12-month low of $14.19 and a 12-month high of $22.40. The business’s fifty day simple moving average is $16.90 and its 200-day simple moving average is $16.60.

Brighthouse Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 25th. Shareholders of record on Tuesday, March 10th will be paid a $0.4219 dividend. This represents a $1.69 annualized dividend and a yield of 10.4%. The ex-dividend date is Tuesday, March 10th.

Brighthouse Financial Company Profile

Brighthouse Financial, Inc is a U.S.-based provider of annuities and life insurance products focused on helping individuals secure retirement income and long-term financial protection. Established in August 2017 as a corporate spin-off from MetLife, Brighthouse offers a range of solutions designed to address market volatility, longevity risk and the need for guaranteed income streams. The company’s product portfolio includes fixed annuities, fixed indexed annuities, variable annuities and life insurance policies.

The company distributes its products through a network of independent broker-dealers, banks, registered investment advisers and career agents.