Brighthouse Financial, Inc. (NASDAQ:BHFAO) Short Interest Up 29.0% in February

Brighthouse Financial, Inc. (NASDAQ:BHFAO) was the recipient of a large increase in short interest in February. As of February 27th, there was short interest totaling 19,336 shares, an increase of 29.0% from the February 12th total of 14,992 shares. Based on an average daily volume of 87,505 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 87,505 shares, the days-to-cover ratio is currently 0.2 days.

Brighthouse Financial Stock Down 0.7%

Shares of BHFAO stock opened at $16.12 on Tuesday. Brighthouse Financial has a fifty-two week low of $14.19 and a fifty-two week high of $22.40. The firm’s 50 day moving average price is $16.90 and its two-hundred day moving average price is $16.58.

Brighthouse Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 25th. Investors of record on Tuesday, March 10th will be issued a dividend of $0.4219 per share. The ex-dividend date is Tuesday, March 10th. This represents a $1.69 annualized dividend and a dividend yield of 10.5%.

Brighthouse Financial Company Profile

Brighthouse Financial, Inc is a U.S.-based provider of annuities and life insurance products focused on helping individuals secure retirement income and long-term financial protection. Established in August 2017 as a corporate spin-off from MetLife, Brighthouse offers a range of solutions designed to address market volatility, longevity risk and the need for guaranteed income streams. The company’s product portfolio includes fixed annuities, fixed indexed annuities, variable annuities and life insurance policies.

The company distributes its products through a network of independent broker-dealers, banks, registered investment advisers and career agents.