Brighthouse Financial, Inc. (NASDAQ:BHFAP – Get Free Report) was the target of a large decline in short interest in February. As of February 28th, there was short interest totalling 13,600 shares, a decline of 46.2% from the February 13th total of 25,300 shares. Based on an average daily trading volume, of 46,900 shares, the short-interest ratio is presently 0.3 days.
Brighthouse Financial Price Performance
NASDAQ:BHFAP traded up $0.07 during trading hours on Friday, hitting $21.16. 29,421 shares of the company traded hands, compared to its average volume of 30,964. Brighthouse Financial has a one year low of $20.19 and a one year high of $25.51. The firm’s 50-day simple moving average is $21.71 and its 200-day simple moving average is $23.31.
Brighthouse Financial Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Monday, March 10th will be given a dividend of $0.4125 per share. The ex-dividend date of this dividend is Monday, March 10th. This represents a $1.65 annualized dividend and a dividend yield of 7.80%.
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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