Brighthouse Financial, Inc. (NASDAQ:BHFAO) Short Interest Down 10.3% in April

Brighthouse Financial, Inc. (NASDAQ:BHFAO) saw a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 62,700 shares, a decrease of 10.3% from the March 31st total of 69,900 shares. Based on an average daily volume of 29,500 shares, the short-interest ratio is currently 2.1 days.

Brighthouse Financial Price Performance

Shares of Brighthouse Financial stock opened at $23.28 on Wednesday. Brighthouse Financial has a 12 month low of $19.53 and a 12 month high of $25.51. The stock has a 50 day moving average of $24.55 and a 200 day moving average of $23.36.

Brighthouse Financial Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 25th. Shareholders of record on Sunday, March 10th were paid a dividend of $0.4219 per share. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $1.69 annualized dividend and a yield of 7.25%.

Brighthouse Financial Company Profile

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.