Brighthouse Financial, Inc. (NASDAQ:BHFAP – Get Free Report) was the target of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 7,900 shares, a decrease of 41.9% from the February 28th total of 13,600 shares. Based on an average daily trading volume, of 45,000 shares, the days-to-cover ratio is presently 0.2 days.
Brighthouse Financial Stock Down 1.9 %
NASDAQ:BHFAP opened at $20.19 on Friday. Brighthouse Financial has a 1-year low of $20.10 and a 1-year high of $25.51. The company has a 50-day moving average of $21.50 and a 200 day moving average of $23.08.
Brighthouse Financial Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 25th. Stockholders of record on Monday, March 10th were given a $0.4125 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a $1.65 annualized dividend and a dividend yield of 8.17%.
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.
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