Brighthouse Financial, Inc. (NASDAQ:BHFAO – Get Free Report) was the target of a significant drop in short interest in February. As of February 28th, there was short interest totalling 22,200 shares, a drop of 39.0% from the February 13th total of 36,400 shares. Based on an average daily volume of 52,600 shares, the days-to-cover ratio is currently 0.4 days.
Brighthouse Financial Stock Up 1.3 %
Shares of BHFAO traded up $0.28 during trading hours on Friday, hitting $22.28. The company had a trading volume of 40,564 shares, compared to its average volume of 31,847. Brighthouse Financial has a 52-week low of $20.74 and a 52-week high of $26.00. The stock’s 50 day moving average price is $22.36 and its 200 day moving average price is $23.89.
Brighthouse Financial Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 25th. Investors of record on Monday, March 10th will be paid a $0.4219 dividend. The ex-dividend date is Monday, March 10th. This represents a $1.69 annualized dividend and a dividend yield of 7.57%.
Institutional Investors Weigh In On Brighthouse Financial
About Brighthouse Financial
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.
See Also
- Five stocks we like better than Brighthouse Financial
- Ride Out The Recession With These Dividend KingsĀ
- How to Build the Ultimate Everything ETF Portfolio
- What is Insider Trading? What You Can Learn from Insider Trading
- Dutch Bros or Starbucks: Which Coffee Stock Has More Growth?
- The Risks of Owning Bonds
- 3 Stocks With High ROE and Market-Beating Growth Potential
Receive News & Ratings for Brighthouse Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brighthouse Financial and related companies with MarketBeat.com's FREE daily email newsletter.