Brighthouse Financial, Inc. (NASDAQ:BHFAP – Get Free Report) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 34,000 shares, an increase of 125.2% from the August 15th total of 15,100 shares. Based on an average trading volume of 23,500 shares, the days-to-cover ratio is presently 1.4 days.
Brighthouse Financial Stock Up 0.1 %
NASDAQ BHFAP traded up $0.02 during mid-day trading on Friday, reaching $24.95. 23,959 shares of the stock were exchanged, compared to its average volume of 27,024. Brighthouse Financial has a 1-year low of $19.05 and a 1-year high of $25.00. The business’s fifty day simple moving average is $23.73 and its 200 day simple moving average is $23.50.
Brighthouse Financial Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 25th. Shareholders of record on Tuesday, September 10th will be issued a $0.4125 dividend. The ex-dividend date of this dividend is Tuesday, September 10th. This represents a $1.65 dividend on an annualized basis and a dividend yield of 6.61%.
Brighthouse Financial Company Profile
Brighthouse Financial, Inc provides annuity and life insurance products in the United States. It operates through three segments: Annuities, Life, and Run-off. The Annuities segment consists of variable, fixed, index-linked, and income annuities for contract holders' needs for protected wealth accumulation on a tax-deferred basis, wealth transfer, and income security.
See Also
- Five stocks we like better than Brighthouse Financial
- What is Put Option Volume?
- Can Celsius Stock Rebound? Analysts See 74% Upside Potential
- Why Invest in 5G? How to Invest in 5G Stocks
- Kroger Stock is a Win-Win for Buy-and-Hold Investors
- Utilities Stocks Explained – How and Why to Invest in Utilities
- MarketBeat Week in Review – 9/9 – 9/13
Receive News & Ratings for Brighthouse Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brighthouse Financial and related companies with MarketBeat.com's FREE daily email newsletter.