Brighthouse Financial, Inc. (NASDAQ:BHFAL – Get Free Report) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 1,883 shares, an increase of 189.2% from the August 31st total of 651 shares. Based on an average trading volume of 26,471 shares, the short-interest ratio is currently 0.1 days.
Brighthouse Financial Stock Down 1.3%
Brighthouse Financial stock traded down $0.20 during mid-day trading on Friday, reaching $15.63. 17,158 shares of the company were exchanged, compared to its average volume of 25,349. The business has a fifty day moving average of $15.54 and a 200 day moving average of $16.16. Brighthouse Financial has a 12-month low of $14.98 and a 12-month high of $19.26.
Brighthouse Financial Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were given a dividend of $0.3906 per share. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $1.56 dividend on an annualized basis and a yield of 10.0%.
About Brighthouse Financial
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.
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