Short Interest in Brighthouse Financial, Inc. (NASDAQ:BHFAN) Increases By 242.5%

Brighthouse Financial, Inc. (NASDAQ:BHFAN) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 13,700 shares, a growth of 242.5% from the August 15th total of 4,000 shares. Based on an average trading volume of 156,400 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 156,400 shares, the days-to-cover ratio is presently 0.1 days.

Brighthouse Financial Stock Down 0.6%

BHFAN stock opened at $13.10 on Friday. The business has a 50-day moving average of $14.23 and a 200-day moving average of $15.45. Brighthouse Financial has a fifty-two week low of $11.51 and a fifty-two week high of $21.63.

Brighthouse Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Stockholders of record on Wednesday, September 10th will be given a dividend of $0.3359 per share. This represents a $1.34 annualized dividend and a dividend yield of 10.3%. The ex-dividend date of this dividend is Wednesday, September 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.