Brighthouse Financial, Inc. (NASDAQ:BHFAL – Get Free Report) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 166,200 shares, an increase of 66.0% from the March 15th total of 100,100 shares. Based on an average daily volume of 32,000 shares, the days-to-cover ratio is currently 5.2 days.
Brighthouse Financial Price Performance
Shares of Brighthouse Financial stock opened at $19.50 on Friday. Brighthouse Financial has a 12 month low of $19.40 and a 12 month high of $25.47. The business has a fifty day simple moving average of $21.23 and a 200-day simple moving average of $23.06.
Brighthouse Financial Cuts Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Saturday, March 1st were given a dividend of $0.3906 per share. The ex-dividend date was Friday, February 28th. This represents a $1.56 dividend on an annualized basis and a yield of 8.01%.
Brighthouse Financial Company Profile
Brighthouse Financial, Inc operates as a holding company, which engages in the provision of life insurance and annuities through independent distribution channels and marketing arrangements with diverse network of distribution partners. It operates through the following segments: Annuities; Life; Run-Off; and Corporate & Others.
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