Short Interest in Brighthouse Financial, Inc. (NASDAQ:BHFAM) Expands By 11.5%

by · The Markets Daily

Brighthouse Financial, Inc. (NASDAQ:BHFAM – Get Free Report) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 9,700 shares, an increase of 11.5% from the December 15th total of 8,700 shares. Based on an average daily volume of 45,100 shares, the short-interest ratio is currently 0.2 days.

Brighthouse Financial Stock Performance

NASDAQ BHFAM opened at $15.95 on Monday. Brighthouse Financial has a fifty-two week low of $15.05 and a fifty-two week high of $18.95. The business has a fifty day moving average price of $16.53 and a two-hundred day moving average price of $17.05.

Brighthouse Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 26th. Investors of record on Tuesday, December 10th were paid a $0.2891 dividend. This represents a $1.16 annualized dividend and a yield of 7.25%. The ex-dividend date of this dividend was Tuesday, December 10th.

About Brighthouse Financial

(Get Free Report)

Brighthouse Financial, Inc provides annuity and life insurance products in the United States. It operates through three segments: Annuities, Life, and Run-off. The Annuities segment consists of variable, fixed, index-linked, and income annuities for contract holders' needs for protected wealth accumulation on a tax-deferred basis, wealth transfer, and income security.

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