Brighthouse Financial, Inc. (NASDAQ:BHFAN) Short Interest Down 54.1% in March

Brighthouse Financial, Inc. (NASDAQ:BHFAN) was the recipient of a large decrease in short interest in March. As of March 13th, there was short interest totaling 17,017 shares, a decrease of 54.1% from the February 26th total of 37,084 shares. Based on an average trading volume of 34,268 shares, the short-interest ratio is presently 0.5 days.

Brighthouse Financial Price Performance

Shares of Brighthouse Financial stock opened at $12.04 on Friday. The business has a fifty day simple moving average of $13.34 and a two-hundred day simple moving average of $13.19. Brighthouse Financial has a 12 month low of $11.51 and a 12 month high of $17.40.

Brighthouse Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 25th. Stockholders of record on Tuesday, March 10th were issued a dividend of $0.3359 per share. This represents a $1.34 annualized dividend and a dividend yield of 11.2%. The ex-dividend date was Tuesday, March 10th.

Brighthouse Financial Company Profile

Brighthouse Financial, Inc is a U.S.-based provider of annuity and life insurance products that was spun off from MetLife in August 2017. Headquartered in Charlotte, North Carolina, the company focuses on helping individuals and families prepare for retirement by offering a range of guaranteed-income solutions. Brighthouse Financial operates as a standalone public company under the ticker BHFAN on the NASDAQ exchange.

The company’s product portfolio includes fixed indexed annuities, fixed deferred annuities and lifetime income solutions designed to deliver predictable retirement cash flows.