Brighthouse Financial, Inc. (NASDAQ:BHFAP) Sees Significant Growth in Short Interest

Brighthouse Financial, Inc. (NASDAQ:BHFAP) was the recipient of a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 15,500 shares, a growth of 40.9% from the November 15th total of 11,000 shares. Based on an average daily trading volume, of 26,700 shares, the days-to-cover ratio is presently 0.6 days.

Brighthouse Financial Price Performance

NASDAQ BHFAP traded down $0.25 on Friday, reaching $22.70. 62,098 shares of the stock were exchanged, compared to its average volume of 27,093. Brighthouse Financial has a one year low of $21.05 and a one year high of $25.51. The company’s 50-day simple moving average is $24.40 and its two-hundred day simple moving average is $23.94.

Brighthouse Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 26th. Shareholders of record on Tuesday, December 10th will be issued a dividend of $0.4125 per share. The ex-dividend date is Tuesday, December 10th. This represents a $1.65 dividend on an annualized basis and a yield of 7.27%.

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.