Brighthouse Financial, Inc. (NASDAQ:BHFAL) Stock Short Interest Report for October

Brighthouse Financial, Inc. (NASDAQ:BHFAL) was the recipient of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 6,622 shares, an increase of 191.7% from the October 15th total of 2,270 shares. Based on an average daily trading volume, of 46,962 shares, the days-to-cover ratio is presently 0.1 days.

Brighthouse Financial Price Performance

Shares of Brighthouse Financial stock traded down $0.06 on Friday, reaching $14.77. 16,338 shares of the company’s stock were exchanged, compared to its average volume of 26,828. Brighthouse Financial has a 52 week low of $14.50 and a 52 week high of $19.26. The firm’s 50-day moving average is $15.17 and its two-hundred day moving average is $16.19.

Brighthouse Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were paid a $0.3906 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $1.56 annualized dividend and a dividend yield of 10.6%.

About Brighthouse Financial

Brighthouse Financial, Inc. is a U.S.-focused life insurance and annuity company. It offers products designed to help individuals protect against financial risks and prepare for retirement, including fixed, variable and index-linked annuities, as well as term and permanent life insurance. The company serves customers across the United States through a network of financial professionals and distribution partners. Its products are issued by Brighthouse Financial’s insurance subsidiaries. Brighthouse Financial became an independent, publicly traded company in 2017 after its separation from MetLife.