Brighthouse Financial, Inc. (NASDAQ:BHFAN) Sees Significant Increase in Short Interest

Brighthouse Financial, Inc. (NASDAQ:BHFAN) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 27,600 shares, an increase of 190.5% from the December 31st total of 9,500 shares. Based on an average daily volume of 67,300 shares, the days-to-cover ratio is presently 0.4 days.

Brighthouse Financial Stock Up 0.1 %

Shares of BHFAN traded up $0.02 on Thursday, hitting $16.72. The company’s stock had a trading volume of 144,988 shares, compared to its average volume of 86,426. The company has a 50 day moving average price of $18.65 and a 200 day moving average price of $19.43. Brighthouse Financial has a fifty-two week low of $16.48 and a fifty-two week high of $21.63.

Brighthouse Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 26th. Stockholders of record on Tuesday, December 10th were paid a $0.3359 dividend. The ex-dividend date of this dividend was Tuesday, December 10th. This represents a $1.34 dividend on an annualized basis and a dividend yield of 8.04%.

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.