Short Interest in Brighthouse Financial, Inc. (NASDAQ:BHFAN) Expands By 187.2%

Brighthouse Financial, Inc. (NASDAQ:BHFAN) was the recipient of a large growth in short interest in February. As of February 27th, there was short interest totaling 37,084 shares, a growth of 187.2% from the February 12th total of 12,914 shares. Based on an average trading volume of 159,427 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 159,427 shares, the short-interest ratio is currently 0.2 days.

Brighthouse Financial Stock Performance

BHFAN stock traded down $0.18 during trading on Friday, reaching $12.88. The stock had a trading volume of 23,573 shares, compared to its average volume of 105,760. The firm has a fifty day moving average price of $13.49 and a 200 day moving average price of $13.39. Brighthouse Financial has a 1-year low of $11.51 and a 1-year high of $17.40.

Brighthouse Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 25th. Shareholders of record on Tuesday, March 10th will be paid a dividend of $0.3359 per share. This represents a $1.34 dividend on an annualized basis and a yield of 10.4%. The ex-dividend date is Tuesday, March 10th.

Brighthouse Financial Company Profile

Brighthouse Financial, Inc is a U.S.-based provider of annuity and life insurance products that was spun off from MetLife in August 2017. Headquartered in Charlotte, North Carolina, the company focuses on helping individuals and families prepare for retirement by offering a range of guaranteed-income solutions. Brighthouse Financial operates as a standalone public company under the ticker BHFAN on the NASDAQ exchange.

The company’s product portfolio includes fixed indexed annuities, fixed deferred annuities and lifetime income solutions designed to deliver predictable retirement cash flows.