Brighthouse Financial, Inc. (NASDAQ:BHFAP) Short Interest Down 46.2% in February

Brighthouse Financial, Inc. (NASDAQ:BHFAP) saw a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 13,600 shares, a decrease of 46.2% from the February 13th total of 25,300 shares. Based on an average daily volume of 46,900 shares, the days-to-cover ratio is presently 0.3 days.

Brighthouse Financial Stock Up 0.3 %

Shares of BHFAP stock traded up $0.07 on Friday, reaching $21.16. The stock had a trading volume of 29,421 shares, compared to its average volume of 30,893. The firm’s 50-day moving average is $21.71 and its two-hundred day moving average is $23.32. Brighthouse Financial has a 12 month low of $20.19 and a 12 month high of $25.51.

Brighthouse Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Monday, March 10th will be issued a $0.4125 dividend. The ex-dividend date of this dividend is Monday, March 10th. This represents a $1.65 dividend on an annualized basis and a dividend yield of 7.80%.

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.