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

Brighthouse Financial, Inc. (NASDAQ:BHFAP) was the recipient of a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 5,833 shares, a decline of 23.9% from the January 29th total of 7,666 shares. Based on an average daily volume of 23,202 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 23,202 shares, the days-to-cover ratio is currently 0.3 days.

Brighthouse Financial Trading Up 0.1%

Shares of NASDAQ BHFAP traded up $0.02 during midday trading on Monday, reaching $16.81. 6,921 shares of the stock were exchanged, compared to its average volume of 43,816. Brighthouse Financial has a 12 month low of $14.02 and a 12 month high of $21.63. The business has a 50-day simple moving average of $16.23 and a two-hundred day simple moving average of $16.37.

Brighthouse Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 25th. Investors of record on Tuesday, March 10th will be given a $0.4125 dividend. The ex-dividend date is Tuesday, March 10th. This represents a $1.65 annualized dividend and a dividend yield of 9.8%.

Brighthouse Financial Company Profile

Brighthouse Financial, Inc is a U.S.-based provider of retirement and protection solutions, formed in August 2017 as a spin-off from MetLife, Inc Headquartered in Charlotte, North Carolina, the company focuses on helping individuals and families secure their financial futures through a range of insurance and annuity products. Since its inception, Brighthouse Financial has operated independently, building its own brand and capabilities in the quickly evolving retirement-services market.

The company’s core business centers on the design, manufacture and distribution of fixed annuities, fixed indexed annuities and other guaranteed retirement-income products.