Brighthouse Financial, Inc. (NASDAQ:BHFAN) Short Interest Up 343.3% in November

Brighthouse Financial, Inc. (NASDAQ:BHFAN) was the recipient of a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 13,300 shares, a growth of 343.3% from the November 15th total of 3,000 shares. Based on an average trading volume of 59,500 shares, the days-to-cover ratio is currently 0.2 days.

Brighthouse Financial Stock Performance

BHFAN traded down $0.22 during midday trading on Friday, reaching $18.54. The company’s stock had a trading volume of 16,974 shares, compared to its average volume of 47,656. Brighthouse Financial has a twelve month low of $17.60 and a twelve month high of $21.63. The company has a fifty day simple moving average of $20.03 and a 200 day simple moving average of $19.66.

Brighthouse Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 26th. Investors of record on Tuesday, December 10th will be paid a $0.3359 dividend. This represents a $1.34 annualized dividend and a dividend yield of 7.25%. The ex-dividend date of this dividend is Tuesday, December 10th.

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.