Brighthouse Financial, Inc. (NASDAQ:BHFAN – Get Free Report) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 27,600 shares, a growth of 190.5% from the December 31st total of 9,500 shares. Based on an average daily trading volume, of 67,300 shares, the days-to-cover ratio is currently 0.4 days.
Brighthouse Financial Price Performance
Shares of Brighthouse Financial stock traded up $0.02 during trading on Thursday, hitting $16.72. 144,988 shares of the company were exchanged, compared to its average volume of 86,426. The firm’s fifty day moving average price is $18.65 and its 200 day moving average price is $19.43. Brighthouse Financial has a 1-year low of $16.48 and a 1-year high of $21.63.
Brighthouse Financial Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 26th. Investors of record on Tuesday, December 10th were issued a dividend of $0.3359 per share. This represents a $1.34 dividend on an annualized basis and a yield of 8.04%. The ex-dividend date was Tuesday, December 10th.
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.
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