Brighthouse Financial, Inc. (NASDAQ:BHFAP) Sees Large Growth in Short Interest

Brighthouse Financial, Inc. (NASDAQ:BHFAP) was the recipient of a large growth in short interest during the month of November. As of November 30th, there was short interest totalling 15,500 shares, a growth of 40.9% from the November 15th total of 11,000 shares. Based on an average trading volume of 26,700 shares, the days-to-cover ratio is presently 0.6 days.

Brighthouse Financial Trading Down 1.1 %

NASDAQ BHFAP opened at $22.70 on Friday. The business’s 50-day moving average price is $24.40 and its two-hundred day moving average price is $23.95. Brighthouse Financial has a 12 month low of $21.05 and a 12 month high of $25.51.

Brighthouse Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 26th. Investors of record on Tuesday, December 10th will be paid a dividend of $0.4125 per share. This represents a $1.65 dividend on an annualized basis and a yield of 7.27%. The ex-dividend date of this dividend is Tuesday, December 10th.

About Brighthouse Financial

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.