Brighthouse Financial, Inc. (NASDAQ:BHFAM) Short Interest Update

Brighthouse Financial, Inc. (NASDAQ:BHFAM) was the recipient of a large drop in short interest in September. As of September 15th, there was short interest totalling 19,000 shares, a drop of 50.4% from the August 31st total of 38,300 shares. Based on an average daily volume of 28,000 shares, the days-to-cover ratio is currently 0.7 days.

Brighthouse Financial Price Performance

NASDAQ BHFAM traded up $0.01 during mid-day trading on Friday, reaching $18.46. 23,293 shares of the company’s stock traded hands, compared to its average volume of 34,799. Brighthouse Financial has a 1-year low of $13.03 and a 1-year high of $18.69. The company has a fifty day simple moving average of $17.12 and a 200-day simple moving average of $16.59.

Brighthouse Financial Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 25th. Shareholders of record on Tuesday, September 10th were paid a dividend of $0.2891 per share. The ex-dividend date of this dividend was Tuesday, September 10th. This represents a $1.16 dividend on an annualized basis and a yield of 6.26%.

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.