Brighthouse Financial, Inc. (NASDAQ:BHFAP – Get Free Report) saw a large decrease in short interest in the month of November. As of November 15th, there was short interest totalling 11,000 shares, a decrease of 52.6% from the October 31st total of 23,200 shares. Based on an average daily volume of 25,400 shares, the days-to-cover ratio is presently 0.4 days.
Brighthouse Financial Stock Performance
NASDAQ BHFAP traded down $0.03 during trading hours on Friday, reaching $23.88. The company’s stock had a trading volume of 104,134 shares, compared to its average volume of 26,524. Brighthouse Financial has a 1-year low of $20.66 and a 1-year high of $25.51. The company’s 50-day moving average is $24.78 and its two-hundred day moving average is $23.91.
Brighthouse Financial Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 26th. Stockholders of record on Tuesday, December 10th will be paid a dividend of $0.4125 per share. This represents a $1.65 annualized dividend and a dividend yield of 6.91%. The ex-dividend date of this dividend is Tuesday, December 10th.
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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