Brighthouse Financial, Inc. (NASDAQ:BHFAM – Get Free Report) saw a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 19,600 shares, a growth of 429.7% from the January 31st total of 3,700 shares. Based on an average daily volume of 55,400 shares, the short-interest ratio is presently 0.4 days.
Brighthouse Financial Stock Performance
Brighthouse Financial stock opened at $15.24 on Friday. Brighthouse Financial has a 1 year low of $14.50 and a 1 year high of $18.95. The firm’s 50-day moving average is $15.65 and its 200-day moving average is $16.81.
Brighthouse Financial Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Monday, March 10th will be issued a dividend of $0.2891 per share. This represents a $1.16 annualized dividend and a dividend yield of 7.59%. The ex-dividend date of this dividend is Monday, March 10th.
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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