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

Brighthouse Financial, Inc. (NASDAQ:BHFAM) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 9,039 shares, an increase of 120.9% from the December 31st total of 4,091 shares. Based on an average daily volume of 37,160 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 37,160 shares, the days-to-cover ratio is presently 0.2 days.

Brighthouse Financial Stock Down 0.2%

NASDAQ:BHFAM opened at $12.20 on Friday. Brighthouse Financial has a fifty-two week low of $10.21 and a fifty-two week high of $15.75. The firm’s 50 day moving average is $11.53 and its two-hundred day moving average is $12.01.

Brighthouse Financial Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Wednesday, December 10th were given a dividend of $0.2891 per share. This represents a $1.16 dividend on an annualized basis and a yield of 9.5%. This is a boost from Brighthouse Financial’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend was Wednesday, December 10th.

Brighthouse Financial Company Profile

Brighthouse Financial, Inc (NASDAQ: BHFAM) is a U.S.-based provider of life insurance and annuity products designed to help individuals and families pursue long-term financial security. The company offers a range of fixed and fixed-indexed annuities, term and permanent life insurance policies, and related income protection solutions. Through its product portfolio, Brighthouse Financial seeks to address the retirement income needs of its clients and deliver predictable cash flows over time.

Established as an independent public company in August 2017 following a spin-off from MetLife, Brighthouse Financial has focused on streamlining operations and narrowing its business scope to core retirement and protection offerings.