Brighthouse Financial, Inc. (NASDAQ:BHFAL – Get Free Report) was the recipient of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 1,512 shares, a drop of 73.5% from the April 15th total of 5,704 shares. Based on an average trading volume of 19,147 shares, the days-to-cover ratio is currently 0.1 days.
Brighthouse Financial Stock Down 0.2%
BHFAL stock traded down $0.04 during mid-day trading on Thursday, reaching $16.86. 457 shares of the stock traded hands, compared to its average volume of 24,846. Brighthouse Financial has a 52 week low of $16.15 and a 52 week high of $21.08. The business has a 50-day moving average of $16.95 and a two-hundred day moving average of $17.26.
Brighthouse Financial Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Sunday, March 1st were given a dividend of $0.3906 per share. This represents a $1.56 annualized dividend and a dividend yield of 9.3%. The ex-dividend date of this dividend was Friday, February 27th.
About Brighthouse Financial
Brighthouse Financial, which trades under the ticker NASDAQ:BHFAL, is a U.S.-based financial services company that was established in April 2017 through the separation of MetLife’s retail business. The company focuses on helping individuals achieve lifetime financial security by offering a range of retirement income and protection products. Since its spin-off, Brighthouse has operated as an independent, publicly traded entity with a dedicated emphasis on annuities and life insurance solutions.
The company’s core product suite includes fixed and variable annuities designed to provide predictable retirement income, as well as life insurance policies that offer estate planning benefits and death-benefit protection.
Read More
- Five stocks we like better than Brighthouse Financial
- Chime Finally Turns Profitable—But Risks Remain
- eVTOL Investing: Ditch the Taxi, Buy the Blueprint
- How Berkshire’s New York Times Bet Looks Today
- Affirm’s Google Deal Aims for Your Wallet
Receive News & Ratings for Brighthouse Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brighthouse Financial and related companies with MarketBeat.com's FREE daily email newsletter.
