Brighthouse Financial, Inc. (NASDAQ:BHFAP) Short Interest Update

Brighthouse Financial, Inc. (NASDAQ:BHFAP) saw a significant drop in short interest in the month of March. As of March 13th, there was short interest totaling 4,515 shares, a drop of 43.4% from the February 26th total of 7,972 shares. Based on an average daily volume of 19,064 shares, the short-interest ratio is currently 0.2 days.

Brighthouse Financial Stock Up 0.1%

Shares of BHFAP opened at $14.88 on Friday. Brighthouse Financial has a twelve month low of $14.02 and a twelve month high of $21.40. The stock’s fifty day simple moving average is $16.37 and its 200 day simple moving average is $16.08.

Brighthouse Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 25th. Stockholders of record on Tuesday, March 10th were paid a $0.4125 dividend. This represents a $1.65 annualized dividend and a dividend yield of 11.1%. The ex-dividend date of this dividend was Tuesday, March 10th.

Brighthouse Financial Company Profile

Brighthouse Financial, Inc is a U.S.-based provider of retirement and protection solutions, formed in August 2017 as a spin-off from MetLife, Inc Headquartered in Charlotte, North Carolina, the company focuses on helping individuals and families secure their financial futures through a range of insurance and annuity products. Since its inception, Brighthouse Financial has operated independently, building its own brand and capabilities in the quickly evolving retirement-services market.

The company’s core business centers on the design, manufacture and distribution of fixed annuities, fixed indexed annuities and other guaranteed retirement-income products.