Brighthouse Financial, Inc. (NASDAQ:BHFAP – Get Free Report) saw a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 13,900 shares, an increase of 75.9% from the March 15th total of 7,900 shares. Based on an average daily volume of 41,700 shares, the short-interest ratio is presently 0.3 days.
Brighthouse Financial Price Performance
BHFAP stock opened at $18.68 on Thursday. The business’s 50-day moving average is $20.71 and its two-hundred day moving average is $22.51. Brighthouse Financial has a fifty-two week low of $18.38 and a fifty-two week high of $25.51.
Brighthouse Financial Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 25th. Investors of record on Monday, March 10th were issued a $0.4125 dividend. This represents a $1.65 annualized dividend and a yield of 8.83%. The ex-dividend date of this dividend was Monday, March 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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