Brighthouse Financial, Inc. (NASDAQ:BHFAM) Short Interest Down 82.0% in October

Brighthouse Financial, Inc. (NASDAQ:BHFAM) was the recipient of a significant decrease in short interest in October. As of October 31st, there was short interest totalling 5,300 shares, a decrease of 82.0% from the October 15th total of 29,400 shares. Based on an average daily volume of 33,100 shares, the days-to-cover ratio is currently 0.2 days.

Brighthouse Financial Trading Up 0.7 %

Shares of Brighthouse Financial stock traded up $0.12 during trading on Wednesday, hitting $17.15. 7,811 shares of the company’s stock traded hands, compared to its average volume of 34,295. Brighthouse Financial has a 1 year low of $13.84 and a 1 year high of $18.95. The business has a 50-day simple moving average of $17.96 and a 200-day simple moving average of $16.96.

Brighthouse Financial Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 25th. Investors of record on Tuesday, September 10th were given 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 6.74%.

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.