Brighthouse Financial, Inc. (NASDAQ:BHFAL) Short Interest Up 70.5% in March

Brighthouse Financial, Inc. (NASDAQ:BHFAL) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totaling 2,025 shares, a growth of 70.5% from the March 15th total of 1,188 shares. Based on an average trading volume of 27,369 shares, the short-interest ratio is presently 0.1 days.

Brighthouse Financial Trading Down 0.2%

Brighthouse Financial stock opened at $17.28 on Tuesday. Brighthouse Financial has a 12-month low of $16.15 and a 12-month high of $21.08. The firm’s fifty day moving average is $17.28 and its 200 day moving average is $17.40.

Brighthouse Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Sunday, March 1st were given a dividend of $0.3906 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 9.0%. The ex-dividend date was Friday, February 27th.

About Brighthouse Financial

Brighthouse Financial, which trades under the ticker NASDAQ:BHFAL, is a U.S.-based financial services company that was established in April 2017 through the separation of MetLife’s retail business. The company focuses on helping individuals achieve lifetime financial security by offering a range of retirement income and protection products. Since its spin-off, Brighthouse has operated as an independent, publicly traded entity with a dedicated emphasis on annuities and life insurance solutions.

The company’s core product suite includes fixed and variable annuities designed to provide predictable retirement income, as well as life insurance policies that offer estate planning benefits and death-benefit protection.