Brighthouse Financial, Inc. (NASDAQ:BHFAN) Sees Large Growth in Short Interest

Brighthouse Financial, Inc. (NASDAQ:BHFAN) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 27,600 shares, an increase of 190.5% from the December 15th total of 9,500 shares. Based on an average trading volume of 67,300 shares, the short-interest ratio is currently 0.4 days.

Brighthouse Financial Stock Up 3.5 %

Shares of NASDAQ BHFAN traded up $0.61 during mid-day trading on Wednesday, hitting $18.18. The company had a trading volume of 45,425 shares, compared to its average volume of 84,185. Brighthouse Financial has a 12 month low of $17.13 and a 12 month high of $21.63. The business’s 50-day simple moving average is $18.99 and its 200-day simple moving average is $19.56.

Brighthouse Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 26th. Shareholders of record on Tuesday, December 10th were paid a dividend of $0.3359 per share. This represents a $1.34 dividend on an annualized basis and a yield of 7.39%. The ex-dividend date of this dividend was 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.