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

Brighthouse Financial, Inc. (NASDAQ:BHFAL) was the target of a large growth in short interest in January. As of January 31st, there was short interest totalling 159,600 shares, a growth of 6.2% from the January 15th total of 150,300 shares. Based on an average daily trading volume, of 30,800 shares, the short-interest ratio is presently 5.2 days.

Brighthouse Financial Price Performance

NASDAQ BHFAL traded up $0.24 during trading hours on Monday, reaching $22.26. The company’s stock had a trading volume of 16,627 shares, compared to its average volume of 33,308. The company’s 50-day moving average is $23.18 and its two-hundred day moving average is $23.89. Brighthouse Financial has a fifty-two week low of $20.65 and a fifty-two week high of $25.47.

Brighthouse Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Sunday, December 1st were given a dividend of $0.3906 per share. This represents a $1.56 dividend on an annualized basis and a yield of 7.02%. The ex-dividend date of this dividend was Friday, November 29th.

Institutional Investors Weigh In On Brighthouse Financial

A hedge fund recently raised its stake in Brighthouse Financial stock. Crossmark Global Holdings Inc. raised its stake in shares of Brighthouse Financial, Inc. (NASDAQ:BHFAL) by 1.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 267,741 shares of the company’s stock after purchasing an additional 3,565 shares during the period. Crossmark Global Holdings Inc.’s holdings in Brighthouse Financial were worth $6,787,000 at the end of the most recent reporting period.

About Brighthouse Financial

Brighthouse Financial, Inc operates as a holding company, which engages in the provision of life insurance and annuities through independent distribution channels and marketing arrangements with diverse network of distribution partners. It operates through the following segments: Annuities; Life; Run-Off; and Corporate & Others.