Short Interest in Brighthouse Financial, Inc. (NASDAQ:BHFAP) Declines By 74.8%

Brighthouse Financial, Inc. (NASDAQ:BHFAP) saw a large decrease in short interest in December. As of December 15th, there was short interest totalling 3,900 shares, a decrease of 74.8% from the November 30th total of 15,500 shares. Based on an average daily volume of 30,800 shares, the short-interest ratio is currently 0.1 days.

Brighthouse Financial Stock Down 1.8 %

NASDAQ BHFAP traded down $0.40 during mid-day trading on Friday, reaching $21.63. 94,727 shares of the stock were exchanged, compared to its average volume of 28,309. Brighthouse Financial has a 1-year low of $21.37 and a 1-year high of $25.51. The business’s fifty day simple moving average is $23.85 and its 200 day simple moving average is $23.90.

Brighthouse Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 26th. Investors of record on Tuesday, December 10th were given a dividend of $0.4125 per share. The ex-dividend date was Tuesday, December 10th. This represents a $1.65 annualized dividend and a yield of 7.63%.

Brighthouse Financial Company Profile

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.