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

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

Brighthouse Financial Price Performance

NASDAQ BHFAO opened at $23.44 on Monday. The stock has a fifty day moving average of $24.56 and a 200-day moving average of $23.36. Brighthouse Financial has a 52 week low of $19.53 and a 52 week high of $25.51.

Brighthouse Financial Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 25th. Investors 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 dividend on an annualized basis and a dividend yield of 7.20%.

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.