Brighthouse Financial, Inc. (NASDAQ:BHFAO) Short Interest Down 10.3% in April

Brighthouse Financial, Inc. (NASDAQ:BHFAO) was the target of a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 62,700 shares, a decrease of 10.3% from the March 31st total of 69,900 shares. Based on an average daily trading volume, of 29,500 shares, the short-interest ratio is presently 2.1 days.

Brighthouse Financial Stock Performance

Shares of BHFAO opened at $23.28 on Wednesday. Brighthouse Financial has a 12 month low of $19.53 and a 12 month high of $25.51. The stock has a fifty day moving average price of $24.55 and a 200 day moving average price of $23.36.

Brighthouse Financial Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 25th. Stockholders of record on Sunday, March 10th were given a dividend of $0.4219 per share. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $1.69 annualized dividend and a dividend yield of 7.25%.

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.