Brighthouse Financial, Inc. (NASDAQ:BHFAM) Sees Significant Decline in Short Interest

Brighthouse Financial, Inc. (NASDAQ:BHFAM) was the target of a large decrease in short interest in April. As of April 15th, there was short interest totalling 4,100 shares, a decrease of 54.9% from the March 31st total of 9,100 shares. Based on an average daily volume of 43,900 shares, the days-to-cover ratio is presently 0.1 days.

Brighthouse Financial Stock Up 0.8 %

Shares of BHFAM stock traded up $0.12 during trading hours on Friday, hitting $15.73. 9,376 shares of the company were exchanged, compared to its average volume of 41,007. Brighthouse Financial has a 52 week low of $12.45 and a 52 week high of $17.19. The business has a 50 day moving average of $16.40 and a two-hundred day moving average of $15.57.

Brighthouse Financial Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 25th. Stockholders of record on Sunday, March 10th were issued a $0.2891 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 7.35%. This is a positive change from Brighthouse Financial’s previous quarterly dividend of $0.29. The ex-dividend date was Thursday, March 7th.

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.