Brighthouse Financial, Inc. (NASDAQ:BHFAP) Sees Large Decrease in Short Interest

Brighthouse Financial, Inc. (NASDAQ:BHFAP) was the recipient of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 7,900 shares, a drop of 41.9% from the February 28th total of 13,600 shares. Based on an average trading volume of 45,000 shares, the short-interest ratio is presently 0.2 days.

Brighthouse Financial Stock Performance

BHFAP opened at $20.19 on Friday. The business has a fifty day moving average of $21.50 and a 200 day moving average of $23.08. Brighthouse Financial has a 52-week low of $20.10 and a 52-week high of $25.51.

Brighthouse Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 25th. Stockholders of record on Monday, March 10th were issued a $0.4125 dividend. This represents a $1.65 dividend on an annualized basis and a dividend yield of 8.17%. The ex-dividend date of this dividend was Monday, March 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.