Brighthouse Financial, Inc. (NASDAQ:BHFAO) Short Interest Up 300.0% in November

Brighthouse Financial, Inc. (NASDAQ:BHFAO) was the target of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 11,600 shares, an increase of 300.0% from the October 31st total of 2,900 shares. Based on an average daily trading volume, of 22,900 shares, the short-interest ratio is currently 0.5 days.

Brighthouse Financial Price Performance

BHFAO traded up $0.03 during trading on Wednesday, reaching $24.44. 18,576 shares of the stock were exchanged, compared to its average volume of 25,703. The stock’s 50 day moving average price is $25.05 and its two-hundred day moving average price is $24.82. Brighthouse Financial has a twelve month low of $21.07 and a twelve month high of $26.00.

Brighthouse Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 26th. Stockholders of record on Tuesday, December 10th will be given a $0.4219 dividend. The ex-dividend date of this dividend is Tuesday, December 10th. This represents a $1.69 dividend on an annualized basis and a dividend yield of 6.90%.

Brighthouse Financial Company Profile

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.