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

Brighthouse Financial, Inc. (NASDAQ:BHFAN) was the recipient of a significant growth in short interest in March. As of March 31st, there was short interest totaling 24,218 shares, a growth of 42.3% from the March 15th total of 17,017 shares. Based on an average trading volume of 57,153 shares, the days-to-cover ratio is presently 0.4 days.

Brighthouse Financial Price Performance

BHFAN stock opened at $13.33 on Tuesday. Brighthouse Financial has a one year low of $11.51 and a one year high of $17.40. The company’s 50 day moving average price is $13.16 and its two-hundred day moving average price is $13.13.

Brighthouse Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 25th. Shareholders of record on Tuesday, March 10th were paid a dividend of $0.3359 per share. The ex-dividend date of this dividend was Tuesday, March 10th. This represents a $1.34 annualized dividend and a dividend yield of 10.1%.

About Brighthouse Financial

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.