Brighthouse Financial, Inc. (NASDAQ:BHFAO) Short Interest Down 26.1% in January

Brighthouse Financial, Inc. (NASDAQ:BHFAO) was the recipient of a significant decline in short interest in January. As of January 30th, there was short interest totaling 14,281 shares, a decline of 26.1% from the January 15th total of 19,324 shares. Based on an average trading volume of 37,444 shares, the days-to-cover ratio is presently 0.4 days. Based on an average trading volume of 37,444 shares, the days-to-cover ratio is presently 0.4 days.

Brighthouse Financial Stock Performance

NASDAQ:BHFAO opened at $17.04 on Friday. The company has a 50-day moving average of $16.28 and a 200-day moving average of $16.68. Brighthouse Financial has a twelve month low of $14.19 and a twelve month high of $22.85.

Brighthouse Financial Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Wednesday, December 10th were issued a $0.4219 dividend. The ex-dividend date of this dividend was Wednesday, December 10th. This represents a $1.69 annualized dividend and a dividend yield of 9.9%.

About Brighthouse Financial

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.