Brighthouse Financial, Inc. (NASDAQ:BHFAN – Get Free Report) was the recipient of a large growth in short interest in 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 volume of 92,330 shares, the short-interest ratio is currently 0.3 days.
Brighthouse Financial Price Performance
Shares of NASDAQ:BHFAN opened at $11.79 on Monday. Brighthouse Financial has a one year low of $10.95 and a one year high of $15.65. The company’s fifty day moving average price is $11.65 and its 200-day moving average price is $12.48.
Brighthouse Financial Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Thursday, September 10th will be paid a $0.3359 dividend. 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%.
Brighthouse Financial Company Profile
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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