Brighthouse Financial, Inc. (NASDAQ:BHFAO – Get Free Report) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 6,398 shares, a growth of 59.0% from the September 15th total of 4,025 shares. Based on an average daily volume of 48,450 shares, the days-to-cover ratio is currently 0.1 days.
Brighthouse Financial Price Performance
Shares of BHFAO traded down $0.03 during mid-day trading on Friday, hitting $13.15. 6,548 shares of the company traded hands, compared to its average volume of 41,166. The business has a 50-day moving average of $14.16 and a 200 day moving average of $15.15. Brighthouse Financial has a one year low of $13.09 and a one year high of $18.18.
Brighthouse Financial Announces Dividend
The business 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 $0.4219 per share. The ex-dividend date was Thursday, September 10th. This represents a $1.69 dividend on an annualized basis and a dividend yield of 12.8%.
Brighthouse Financial Company Profile
Brighthouse Financial, Inc is a U.S.-based provider of annuities and life insurance products designed to help individuals and families address retirement income, wealth transfer and financial protection needs. The company serves customers primarily through independent agents, financial professionals and other distribution partners.
Its offerings include variable, fixed, registered index-linked and income annuities, as well as life insurance products such as universal life and variable universal life policies.
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