Brighthouse Financial, Inc. (NASDAQ:BHFAP) Short Interest Down 46.2% in August

Brighthouse Financial, Inc. (NASDAQ:BHFAP) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 58,100 shares, a drop of 46.2% from the August 15th total of 107,900 shares. Based on an average daily volume of 94,600 shares, the short-interest ratio is presently 0.6 days. Based on an average daily volume of 94,600 shares, the short-interest ratio is presently 0.6 days.

Brighthouse Financial Trading Down 1.5%

Shares of NASDAQ BHFAP opened at $16.15 on Friday. The business’s 50 day moving average is $17.35 and its 200-day moving average is $19.04. Brighthouse Financial has a 1-year low of $14.02 and a 1-year high of $25.51.

Brighthouse Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Wednesday, September 10th will be paid a dividend of $0.4125 per share. This represents a $1.65 dividend on an annualized basis and a yield of 10.2%. The ex-dividend date is Wednesday, September 10th.

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.