Brighthouse Financial, Inc. (NASDAQ:BHFAM) Short Interest Up 429.7% in February

Brighthouse Financial, Inc. (NASDAQ:BHFAM) was the recipient of a large increase in short interest in February. As of February 15th, there was short interest totalling 19,600 shares, an increase of 429.7% from the January 31st total of 3,700 shares. Based on an average daily trading volume, of 55,400 shares, the short-interest ratio is currently 0.4 days.

Brighthouse Financial Trading Down 2.1 %

Shares of NASDAQ:BHFAM opened at $15.27 on Friday. The stock has a 50 day moving average of $15.66 and a 200 day moving average of $16.82. Brighthouse Financial has a 12-month low of $14.50 and a 12-month high of $18.95.

Brighthouse Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Monday, March 10th will be given a $0.2891 dividend. The ex-dividend date of this dividend is Monday, March 10th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 7.57%.

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.