Short Interest in Brighthouse Financial, Inc. (NASDAQ:BHFAP) Drops By 19.8%

Brighthouse Financial, Inc. (NASDAQ:BHFAP) was the target of a large decrease in short interest in September. As of September 30th, there was short interest totalling 36,500 shares, a decrease of 19.8% from the September 15th total of 45,500 shares. Based on an average trading volume of 27,200 shares, the short-interest ratio is presently 1.3 days.

Brighthouse Financial Price Performance

Shares of NASDAQ BHFAP traded up $0.09 during midday trading on Monday, reaching $25.24. 11,507 shares of the company’s stock traded hands, compared to its average volume of 27,195. The stock’s 50 day simple moving average is $24.46 and its 200-day simple moving average is $23.60. Brighthouse Financial has a one year low of $19.05 and a one year high of $25.49.

Brighthouse Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 25th. Stockholders of record on Tuesday, September 10th were paid a dividend of $0.4125 per share. The ex-dividend date of this dividend was Tuesday, September 10th. This represents a $1.65 dividend on an annualized basis and a dividend yield of 6.54%.

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.