Brighthouse Financial, Inc. (NASDAQ:BHFAP – Get Free Report) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totaling 9,028 shares, a decline of 72.5% from the September 30th total of 32,861 shares. Based on an average daily trading volume, of 34,074 shares, the days-to-cover ratio is presently 0.3 days.
Brighthouse Financial Trading Up 0.2%
BHFAP stock traded up $0.02 on Friday, reaching $12.44. 25,834 shares of the company’s stock were exchanged, compared to its average volume of 36,032. The stock has a fifty day moving average of $13.60 and a 200-day moving average of $15.04. Brighthouse Financial has a twelve month low of $12.36 and a twelve month high of $17.95.
Brighthouse Financial Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Thursday, September 10th were paid a $0.4125 dividend. The ex-dividend date was Thursday, September 10th. This represents a $1.65 annualized dividend and a dividend yield of 13.3%.
Brighthouse Financial Company Profile
Brighthouse Financial, Inc is a U.S.-based insurance and retirement services company focused on helping individuals and families achieve financial security. The company primarily provides annuities and life insurance products designed to support income planning, wealth transfer, protection, and other long-term financial needs.
Brighthouse Financial offers a range of annuity products, including fixed, indexed, and variable annuities. Its life insurance portfolio includes products such as term life insurance and permanent life insurance, which may provide death-benefit protection and, depending on the policy, cash-value accumulation.
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