Brighthouse Financial, Inc. (NASDAQ:BHFAL) Short Interest Update

Brighthouse Financial, Inc. (NASDAQ:BHFAL) saw a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 4,529 shares, a decline of 17.2% from the December 15th total of 5,470 shares. Based on an average daily volume of 91,298 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 91,298 shares, the days-to-cover ratio is currently 0.0 days.

Brighthouse Financial Stock Performance

Shares of NASDAQ BHFAL opened at $17.60 on Wednesday. The company has a 50 day simple moving average of $17.06 and a 200-day simple moving average of $18.04. Brighthouse Financial has a 1 year low of $16.15 and a 1 year high of $24.05.

Brighthouse Financial Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were paid a dividend of $0.3906 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a $1.56 annualized dividend and a yield of 8.9%.

Brighthouse Financial Company Profile

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.