Short Interest in Brighthouse Financial, Inc. (NASDAQ:BHFAM) Declines By 82.0%

Brighthouse Financial, Inc. (NASDAQ:BHFAM) was the recipient of a large drop in short interest during the month of October. As of October 31st, there was short interest totalling 5,300 shares, a drop of 82.0% from the October 15th total of 29,400 shares. Based on an average daily trading volume, of 33,100 shares, the short-interest ratio is currently 0.2 days.

Brighthouse Financial Price Performance

BHFAM opened at $17.07 on Thursday. Brighthouse Financial has a 1 year low of $13.84 and a 1 year high of $18.95. The company’s 50 day simple moving average is $17.96 and its 200 day simple moving average is $16.97.

About Brighthouse Financial

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.