Brighthouse Financial, Inc. (NASDAQ:BHFAN – Get Free Report) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 31,574 shares, a growth of 103.8% from the July 30th total of 15,493 shares. Based on an average daily trading volume, of 92,330 shares, the days-to-cover ratio is presently 0.3 days.
Brighthouse Financial Trading Down 0.3%
Shares of Brighthouse Financial stock opened at $11.79 on Friday. Brighthouse Financial has a 1 year low of $10.95 and a 1 year high of $15.65. The company has a 50-day moving average of $11.65 and a 200 day moving average of $12.48.
Brighthouse Financial Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Thursday, September 10th will be paid a dividend of $0.3359 per share. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $1.34 dividend on an annualized basis and a dividend yield of 11.4%.
About Brighthouse Financial
Brighthouse Financial, Inc is a U.S.-based provider of annuity and life insurance products that was spun off from MetLife in August 2017. Headquartered in Charlotte, North Carolina, the company focuses on helping individuals and families prepare for retirement by offering a range of guaranteed-income solutions. Brighthouse Financial operates as a standalone public company under the ticker BHFAN on the NASDAQ exchange.
The company’s product portfolio includes fixed indexed annuities, fixed deferred annuities and lifetime income solutions designed to deliver predictable retirement cash flows.
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