Brighthouse Financial, Inc. (NASDAQ:BHFAM) Sees Large Increase in Short Interest

Brighthouse Financial, Inc. (NASDAQ:BHFAM) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 8,700 shares, a growth of 33.8% from the November 30th total of 6,500 shares. Based on an average trading volume of 37,700 shares, the days-to-cover ratio is currently 0.2 days.

Brighthouse Financial Stock Down 0.3 %

BHFAM stock traded down $0.04 on Friday, hitting $15.83. The company’s stock had a trading volume of 64,375 shares, compared to its average volume of 35,706. Brighthouse Financial has a 1 year low of $15.05 and a 1 year high of $18.95. The firm has a 50 day moving average of $16.96 and a two-hundred day moving average of $17.06.

Brighthouse Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 26th. Stockholders of record on Tuesday, December 10th were paid a dividend of $0.2891 per share. The ex-dividend date of this dividend was Tuesday, December 10th. This represents a $1.16 annualized dividend and a dividend yield of 7.30%.

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.