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

Brighthouse Financial, Inc. (NASDAQ:BHFAN) was the target of a large decrease in short interest in January. As of January 30th, there was short interest totaling 27,081 shares, a decrease of 56.0% from the January 15th total of 61,496 shares. Based on an average daily trading volume, of 119,872 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 119,872 shares, the short-interest ratio is presently 0.2 days.

Brighthouse Financial Stock Performance

Shares of Brighthouse Financial stock opened at $13.36 on Thursday. The stock’s 50-day simple moving average is $13.10 and its 200-day simple moving average is $13.48. Brighthouse Financial has a 52 week low of $11.51 and a 52 week high of $17.48.

Brighthouse Financial Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Wednesday, December 10th were issued a $0.3359 dividend. The ex-dividend date of this dividend was Wednesday, December 10th. This represents a $1.34 dividend on an annualized basis and a yield of 10.1%.

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.