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

Brighthouse Financial, Inc. (NASDAQ:BHFAP) saw a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 3,900 shares, a decline of 74.8% from the November 30th total of 15,500 shares. Based on an average daily volume of 30,800 shares, the days-to-cover ratio is currently 0.1 days.

Brighthouse Financial Trading Down 1.8 %

BHFAP traded down $0.40 on Friday, hitting $21.63. 94,727 shares of the company were exchanged, compared to its average volume of 28,309. Brighthouse Financial has a twelve month low of $21.37 and a twelve month high of $25.51. The firm has a 50-day moving average price of $23.85 and a two-hundred day moving average price of $23.90.

Brighthouse Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, December 26th. Investors of record on Tuesday, December 10th were given 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 7.63%.

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.