Brighthouse Financial, Inc. (NASDAQ:BHFAN) Short Interest Up 343.3% in November

Brighthouse Financial, Inc. (NASDAQ:BHFAN) was the target of a large growth in short interest in November. As of November 30th, there was short interest totalling 13,300 shares, a growth of 343.3% from the November 15th total of 3,000 shares. Based on an average trading volume of 59,500 shares, the days-to-cover ratio is currently 0.2 days.

Brighthouse Financial Stock Performance

Shares of NASDAQ:BHFAN traded down $0.10 during midday trading on Wednesday, hitting $18.87. 60,586 shares of the company’s stock traded hands, compared to its average volume of 47,272. The firm’s fifty day moving average price is $20.13 and its two-hundred day moving average price is $19.67. Brighthouse Financial has a twelve month low of $16.70 and a twelve month high of $21.63.

Brighthouse Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 26th. Investors of record on Tuesday, December 10th will be issued a dividend of $0.3359 per share. The ex-dividend date is Tuesday, December 10th. This represents a $1.34 annualized dividend and a dividend yield of 7.12%.

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.