Brighthouse Financial, Inc. (NASDAQ:BHFAP) Short Interest Up 13.4% in October

Brighthouse Financial, Inc. (NASDAQ:BHFAP) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totalling 41,400 shares, an increase of 13.4% from the September 30th total of 36,500 shares. Based on an average daily volume of 27,300 shares, the days-to-cover ratio is presently 1.5 days.

Brighthouse Financial Stock Down 0.4 %

BHFAP stock traded down $0.11 on Thursday, reaching $24.99. 5,994 shares of the company traded hands, compared to its average volume of 26,593. The firm has a fifty day simple moving average of $24.81 and a 200-day simple moving average of $23.68. Brighthouse Financial has a one year low of $19.25 and a one year high of $25.51.

Brighthouse Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 25th. Stockholders of record on Tuesday, September 10th were issued a dividend of $0.4125 per share. The ex-dividend date was Tuesday, September 10th. This represents a $1.65 annualized dividend and a dividend yield of 6.60%.

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.