Brighthouse Financial, Inc. (NASDAQ:BHFAM) Sees Significant Increase in Short Interest

Brighthouse Financial, Inc. (NASDAQ:BHFAM) was the target of a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 9,700 shares, an increase of 11.5% from the December 31st total of 8,700 shares. Based on an average trading volume of 45,100 shares, the short-interest ratio is currently 0.2 days.

Brighthouse Financial Price Performance

Shares of Brighthouse Financial stock traded down $0.32 on Monday, reaching $14.65. The company had a trading volume of 43,329 shares, compared to its average volume of 80,006. The firm’s 50 day moving average price is $16.26 and its two-hundred day moving average price is $16.99. Brighthouse Financial has a 52-week low of $14.50 and a 52-week high of $18.95.

Brighthouse Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 26th. Stockholders of record on Tuesday, December 10th were paid a $0.2891 dividend. The ex-dividend date of this dividend was Tuesday, December 10th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 7.89%.

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.