Brighthouse Financial, Inc. (NASDAQ:BHFAO) Sees Significant Drop in Short Interest

Brighthouse Financial, Inc. (NASDAQ:BHFAO) was the recipient of a large decrease in short interest in September. As of September 15th, there was short interest totalling 13,900 shares, a decrease of 58.9% from the August 31st total of 33,800 shares. Based on an average daily volume of 23,600 shares, the short-interest ratio is currently 0.6 days.

Brighthouse Financial Trading Down 1.0 %

Shares of NASDAQ:BHFAO traded down $0.25 during midday trading on Friday, hitting $25.44. The company had a trading volume of 1,608 shares, compared to its average volume of 25,847. Brighthouse Financial has a 12-month low of $19.53 and a 12-month high of $26.00. The company has a fifty day moving average of $25.19 and a two-hundred day moving average of $24.63.

Brighthouse Financial Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 25th. Shareholders of record on Tuesday, September 10th were paid a $0.4219 dividend. This represents a $1.69 dividend on an annualized basis and a yield of 6.63%. The ex-dividend date was Tuesday, September 10th. This is a positive change from Brighthouse Financial’s previous quarterly dividend of $0.42.

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.