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

Posted by Stephan Jacobs on Mar 1st, 2025

Brighthouse Financial, Inc. (NASDAQ:BHFAO – Get Free Report) was the recipient of a significant growth in short interest in February. As of February 15th, there was short interest totalling 36,400 shares, a growth of 130.4% from the January 31st total of 15,800 shares. Based on an average daily volume of 52,600 shares, the days-to-cover ratio is presently 0.7 days.

Brighthouse Financial Price Performance

Shares of NASDAQ BHFAO opened at $22.29 on Friday. The business has a 50 day simple moving average of $22.51 and a 200 day simple moving average of $24.12. Brighthouse Financial has a 52 week low of $20.74 and a 52 week high of $26.00.

Brighthouse Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Monday, March 10th will be paid a dividend of $0.4219 per share. The ex-dividend date of this dividend is Monday, March 10th. This represents a $1.69 annualized dividend and a dividend yield of 7.57%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Brighthouse Financial stock. PNC Financial Services Group Inc. lifted its stake in Brighthouse Financial, Inc. (NASDAQ:BHFAO – Free Report) by 50.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,536 shares of the company’s stock after acquiring an additional 516 shares during the period. PNC Financial Services Group Inc.’s holdings in Brighthouse Financial were worth $34,000 at the end of the most recent reporting period.

Brighthouse Financial Company Profile

(Get Free Report)

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.