Brighthouse Financial, Inc. (NASDAQ:BHFAP – Get Free Report) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 30,788 shares, a decrease of 47.0% from the August 31st total of 58,111 shares. Based on an average daily volume of 30,469 shares, the days-to-cover ratio is currently 1.0 days.
Brighthouse Financial Stock Down 2.0%
Brighthouse Financial stock traded down $0.28 during mid-day trading on Wednesday, reaching $13.77. The company’s stock had a trading volume of 86,133 shares, compared to its average volume of 35,209. Brighthouse Financial has a 12 month low of $13.44 and a 12 month high of $17.95. The business’s 50 day simple moving average is $13.96 and its 200 day simple moving average is $14.90.
Brighthouse Financial Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Thursday, September 10th were paid a dividend of $0.4125 per share. This represents a $1.65 dividend on an annualized basis and a dividend yield of 12.0%. The ex-dividend date was Thursday, September 10th.
Brighthouse Financial Company Profile
Brighthouse Financial, Inc is a U.S.-based provider of annuities and life insurance products designed to help individuals manage income, retirement and protection needs. The company serves retail and institutional customers primarily through independent distribution channels, including financial professionals, banks, broker-dealers and insurance agencies.
Brighthouse’s product portfolio includes fixed, indexed and variable annuities, as well as life insurance products such as universal life and variable universal life policies.
See Also
- Five stocks we like better than Brighthouse Financial
- Deutsche Bank Makes a Contrarian Call on Netflix—What Does It Mean for Investors?
- O’Reilly Automotive’s Stock Slump Hides a Stronger Business
- McDonald’s Stock Slump Makes Its AI Pricing Bet Even Riskier
- Broadcom’s AI Growth Story Faces a $161 Billion Anthropic Test
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.
