Brighthouse Financial, Inc. (NASDAQ:BHFAN – Get Free Report) was the target of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 22,100 shares, an increase of 23.5% from the February 13th total of 17,900 shares. Based on an average daily volume of 85,100 shares, the short-interest ratio is currently 0.3 days.
Brighthouse Financial Price Performance
Shares of BHFAN opened at $16.82 on Thursday. The firm has a fifty day moving average of $17.10 and a 200-day moving average of $18.86. Brighthouse Financial has a 1 year low of $15.75 and a 1 year high of $21.63.
Brighthouse Financial Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Monday, March 10th will be issued a dividend of $0.3359 per share. The ex-dividend date of this dividend is Monday, March 10th. This represents a $1.34 dividend on an annualized basis and a dividend yield of 7.99%.
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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