Brighthouse Financial, Inc. (NASDAQ:BHFAM – Get Free Report) was the recipient of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 54,100 shares, a growth of 33.9% from the February 28th total of 40,400 shares. Based on an average daily trading volume, of 49,700 shares, the days-to-cover ratio is currently 1.1 days.
Brighthouse Financial Stock Performance
Brighthouse Financial stock opened at $14.46 on Monday. The business has a 50-day moving average of $15.29 and a 200-day moving average of $16.55. Brighthouse Financial has a 1 year low of $14.32 and a 1 year high of $18.95.
Brighthouse Financial Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 25th. Shareholders of record on Monday, March 10th were issued a $0.2891 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a $1.16 annualized dividend and a yield of 8.00%.
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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