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

Brighthouse Financial, Inc. (NASDAQ:BHFAN) was the recipient of a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 27,081 shares, a drop of 56.0% from the January 15th total of 61,496 shares. Based on an average trading volume of 119,872 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 119,872 shares, the short-interest ratio is presently 0.2 days.

Brighthouse Financial Stock Up 0.2%

Shares of NASDAQ:BHFAN opened at $13.39 on Friday. Brighthouse Financial has a twelve month low of $11.51 and a twelve month high of $17.48. The stock’s 50 day moving average is $13.10 and its 200-day moving average is $13.47.

Brighthouse Financial Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Wednesday, December 10th were issued a dividend of $0.3359 per share. The ex-dividend date was Wednesday, December 10th. This represents a $1.34 annualized dividend and a yield of 10.0%.

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.