Brighthouse Financial, Inc. (NASDAQ:BHFAP) Sees Significant Growth in Short Interest

Brighthouse Financial, Inc. (NASDAQ:BHFAP) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 8,100 shares, an increase of 107.7% from the December 15th total of 3,900 shares. Based on an average trading volume of 37,700 shares, the days-to-cover ratio is currently 0.2 days.

Brighthouse Financial Price Performance

BHFAP traded up $0.14 during trading on Thursday, reaching $22.43. 27,259 shares of the company’s stock were exchanged, compared to its average volume of 47,346. The company’s fifty day moving average price is $23.06 and its 200-day moving average price is $23.83. Brighthouse Financial has a fifty-two week low of $21.20 and a fifty-two week high of $25.51.

Brighthouse Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 26th. Investors of record on Tuesday, December 10th were issued a $0.4125 dividend. The ex-dividend date was Tuesday, December 10th. This represents a $1.65 dividend on an annualized basis and a yield of 7.36%.

About Brighthouse Financial

Brighthouse Financial, Inc provides annuity and life insurance products in the United States. It operates through three segments: Annuities, Life, and Run-off. The Annuities segment consists of variable, fixed, index-linked, and income annuities for contract holders' needs for protected wealth accumulation on a tax-deferred basis, wealth transfer, and income security.