Brighthouse Financial, Inc. (NASDAQ:BHFAP – Get Free Report) was the recipient of a significant increase in short interest in November. As of November 30th, there was short interest totalling 15,500 shares, an increase 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 currently 0.6 days.
Brighthouse Financial Stock Performance
Shares of BHFAP stock opened at $22.70 on Friday. The firm has a fifty day simple moving average of $24.40 and a two-hundred day simple moving average of $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 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 dividend of $0.4125 per share. This represents a $1.65 annualized dividend and a dividend 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.
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