Brighthouse Financial, Inc. (NASDAQ:BHFAP) Short Interest Up 125.2% in August

Brighthouse Financial, Inc. (NASDAQ:BHFAP) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 34,000 shares, an increase of 125.2% from the August 15th total of 15,100 shares. Based on an average trading volume of 23,500 shares, the days-to-cover ratio is presently 1.4 days.

Brighthouse Financial Stock Up 0.1 %

NASDAQ BHFAP traded up $0.02 during mid-day trading on Friday, reaching $24.95. 23,959 shares of the stock were exchanged, compared to its average volume of 27,024. Brighthouse Financial has a 1-year low of $19.05 and a 1-year high of $25.00. The business’s fifty day simple moving average is $23.73 and its 200 day simple moving average is $23.50.

Brighthouse Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 25th. Shareholders of record on Tuesday, September 10th will be issued a $0.4125 dividend. The ex-dividend date of this dividend is Tuesday, September 10th. This represents a $1.65 dividend on an annualized basis and a dividend yield of 6.61%.

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.