Brighthouse Financial, Inc. (NASDAQ:BHFAO – Get Free Report) saw a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 14,281 shares, a drop of 26.1% from the January 15th total of 19,324 shares. Based on an average daily volume of 37,444 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 37,444 shares, the short-interest ratio is presently 0.4 days.
Brighthouse Financial Price Performance
BHFAO opened at $17.04 on Monday. The stock has a fifty day moving average of $16.28 and a 200-day moving average of $16.68. Brighthouse Financial has a fifty-two week low of $14.19 and a fifty-two week high of $22.85.
About Brighthouse Financial
Brighthouse Financial, Inc is a U.S.-based provider of annuities and life insurance products focused on helping individuals secure retirement income and long-term financial protection. Established in August 2017 as a corporate spin-off from MetLife, Brighthouse offers a range of solutions designed to address market volatility, longevity risk and the need for guaranteed income streams. The company’s product portfolio includes fixed annuities, fixed indexed annuities, variable annuities and life insurance policies.
The company distributes its products through a network of independent broker-dealers, banks, registered investment advisers and career agents.
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