Brighthouse Financial, Inc. (NASDAQ:BHFAN – Get Free Report) saw a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 27,000 shares, an increase of 22.2% from the February 28th total of 22,100 shares. Based on an average trading volume of 82,600 shares, the days-to-cover ratio is currently 0.3 days.
Brighthouse Financial Trading Up 1.1 %
BHFAN opened at $15.87 on Thursday. The company has a 50 day simple moving average of $16.76 and a two-hundred day simple moving average of $18.63. Brighthouse Financial has a 1-year low of $15.60 and a 1-year high of $21.63.
Brighthouse Financial Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 25th. Shareholders of record on Monday, March 10th were paid a $0.3359 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a $1.34 dividend on an annualized basis and a yield of 8.47%.
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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