Short Interest in Brighthouse Financial, Inc. (NASDAQ:BHFAM) Increases By 24.5%

Brighthouse Financial, Inc. (NASDAQ:BHFAM) was the target of a large increase in short interest in November. As of November 15th, there was short interest totalling 6,600 shares, an increase of 24.5% from the October 31st total of 5,300 shares. Based on an average daily trading volume, of 35,000 shares, the days-to-cover ratio is currently 0.2 days.

Brighthouse Financial Stock Performance

Brighthouse Financial stock traded down $0.43 during mid-day trading on Monday, hitting $17.27. 30,349 shares of the company were exchanged, compared to its average volume of 34,385. Brighthouse Financial has a 1-year low of $14.24 and a 1-year high of $18.95. The business has a fifty day moving average of $17.78 and a 200 day moving average of $17.06.

Brighthouse Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 26th. Shareholders of record on Tuesday, December 10th will be given a $0.2891 dividend. The ex-dividend date of this dividend is Tuesday, December 10th. This represents a $1.16 dividend on an annualized basis and a yield of 6.70%.

About Brighthouse Financial

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.