Short Interest in Brighthouse Financial, Inc. (NASDAQ:BHFAP) Decreases By 52.6%

Brighthouse Financial, Inc. (NASDAQ:BHFAP) was the target of a large decline in short interest in the month of November. As of November 15th, there was short interest totalling 11,000 shares, a decline of 52.6% from the October 31st total of 23,200 shares. Based on an average daily volume of 25,400 shares, the days-to-cover ratio is currently 0.4 days.

Brighthouse Financial Stock Up 0.5 %

Shares of NASDAQ BHFAP traded up $0.12 during midday trading on Thursday, reaching $23.91. The company’s stock had a trading volume of 9,845 shares, compared to its average volume of 26,186. Brighthouse Financial has a fifty-two week low of $20.66 and a fifty-two week high of $25.51. The business’s 50 day moving average price is $24.81 and its two-hundred day moving average price is $23.91.

Brighthouse Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 26th. Stockholders of record on Tuesday, December 10th will be paid a $0.4125 dividend. The ex-dividend date is Tuesday, December 10th. This represents a $1.65 dividend on an annualized basis and a dividend yield of 6.90%.

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.