Brighthouse Financial, Inc. (NASDAQ:BHFAN) Short Interest Up 13.6% in September

Brighthouse Financial, Inc. (NASDAQ:BHFAN) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totalling 26,700 shares, a growth of 13.6% from the September 15th total of 23,500 shares. Based on an average trading volume of 62,200 shares, the days-to-cover ratio is presently 0.4 days.

Brighthouse Financial Stock Up 0.6 %

NASDAQ:BHFAN traded up $0.13 during trading hours on Tuesday, hitting $21.04. The stock had a trading volume of 15,385 shares, compared to its average volume of 45,081. The company has a 50 day simple moving average of $19.90 and a two-hundred day simple moving average of $19.45. Brighthouse Financial has a one year low of $15.10 and a one year high of $21.63.

Brighthouse Financial Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 25th. Investors of record on Tuesday, September 10th were paid a dividend of $0.3359 per share. This is a positive change from Brighthouse Financial’s previous quarterly dividend of $0.34. The ex-dividend date was Tuesday, September 10th. This represents a $1.34 annualized dividend and a yield of 6.39%.

Hedge Funds Weigh In On Brighthouse Financial

A hedge fund recently bought a new stake in Brighthouse Financial stock. Thompson Investment Management Inc. acquired a new position in shares of Brighthouse Financial, Inc. (NASDAQ:BHFAN) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,100 shares of the company’s stock, valued at approximately $64,000.

Brighthouse Financial Company Profile

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.