Brighthouse Financial, Inc. (NASDAQ:BHFAL) Short Interest Update

Brighthouse Financial, Inc. (NASDAQ:BHFAL) was the target of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 100,100 shares, a growth of 45.1% from the February 28th total of 69,000 shares. Based on an average trading volume of 31,300 shares, the days-to-cover ratio is currently 3.2 days.

Brighthouse Financial Stock Performance

Shares of NASDAQ BHFAL opened at $21.03 on Tuesday. The stock’s 50-day moving average is $21.84 and its two-hundred day moving average is $23.52. Brighthouse Financial has a 1-year low of $20.65 and a 1-year high of $25.47.

Brighthouse Financial Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Saturday, March 1st were given a dividend of $0.3906 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 7.43%. The ex-dividend date of this dividend was Friday, February 28th.

About Brighthouse Financial

Brighthouse Financial, Inc operates as a holding company, which engages in the provision of life insurance and annuities through independent distribution channels and marketing arrangements with diverse network of distribution partners. It operates through the following segments: Annuities; Life; Run-Off; and Corporate & Others.