Brighthouse Financial, Inc. (NASDAQ:BHFAN) Short Interest Up 190.5% in December

Brighthouse Financial, Inc. (NASDAQ:BHFAN) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 27,600 shares, an increase of 190.5% from the December 15th total of 9,500 shares. Based on an average daily trading volume, of 67,300 shares, the days-to-cover ratio is currently 0.4 days.

Brighthouse Financial Stock Performance

Brighthouse Financial stock opened at $18.18 on Thursday. The company’s fifty day simple moving average is $18.99 and its 200-day simple moving average is $19.56. Brighthouse Financial has a 12 month low of $17.13 and a 12 month high of $21.63.

Brighthouse Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, December 26th. Shareholders of record on Tuesday, December 10th were issued a dividend of $0.3359 per share. This represents a $1.34 dividend on an annualized basis and a yield of 7.39%. The ex-dividend date was Tuesday, December 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.