Brighthouse Financial, Inc. (NASDAQ:BHFAL) Shares Shorted: Short Interest Up 191.7% in October

Brighthouse Financial, Inc. (NASDAQ:BHFAL) was the target of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 6,622 shares, an increase of 191.7% from the October 15th total of 2,270 shares. Based on an average daily volume of 46,962 shares, the short-interest ratio is presently 0.1 days.

Brighthouse Financial Stock Performance

Shares of NASDAQ BHFAL traded down $0.06 during trading hours on Friday, hitting $14.77. 16,338 shares of the company traded hands, compared to its average volume of 26,828. The company’s 50 day moving average price is $15.17 and its 200 day moving average price is $16.19. Brighthouse Financial has a 12 month low of $14.50 and a 12 month high of $19.26.

Brighthouse Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were issued a $0.3906 dividend. This represents a $1.56 annualized dividend and a dividend yield of 10.6%. The ex-dividend date was Tuesday, September 1st.

About Brighthouse Financial

Brighthouse Financial, Inc. is a U.S.-focused life insurance and annuity company. It offers products designed to help individuals protect against financial risks and prepare for retirement, including fixed, variable and index-linked annuities, as well as term and permanent life insurance. The company serves customers across the United States through a network of financial professionals and distribution partners. Its products are issued by Brighthouse Financial’s insurance subsidiaries. Brighthouse Financial became an independent, publicly traded company in 2017 after its separation from MetLife.