Brighthouse Financial, Inc. (NASDAQ:BHFAN – Get Free Report) was the recipient of a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 3,000 shares, a drop of 74.4% from the October 31st total of 11,700 shares. Based on an average trading volume of 64,400 shares, the days-to-cover ratio is currently 0.0 days.
Brighthouse Financial Stock Performance
NASDAQ:BHFAN traded up $0.54 during mid-day trading on Friday, hitting $19.99. 69,968 shares of the stock traded hands, compared to its average volume of 46,994. Brighthouse Financial has a 52 week low of $16.70 and a 52 week high of $21.63. The firm’s 50 day moving average is $20.33 and its two-hundred day moving average is $19.64.
Brighthouse Financial Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 26th. Investors of record on Tuesday, December 10th will be paid a dividend of $0.3359 per share. This represents a $1.34 dividend on an annualized basis and a dividend yield of 6.72%. The ex-dividend date is Tuesday, December 10th.
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.
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