Brighthouse Financial, Inc. (NASDAQ:BHFAP) Short Interest Update

Brighthouse Financial, Inc. (NASDAQ:BHFAP) saw a significant growth in short interest in August. As of August 31st, there was short interest totalling 34,000 shares, a growth of 125.2% from the August 15th total of 15,100 shares. Based on an average trading volume of 23,500 shares, the short-interest ratio is currently 1.4 days.

Brighthouse Financial Stock Down 0.1 %

NASDAQ:BHFAP traded down $0.03 during trading hours on Friday, reaching $24.90. 21,305 shares of the company’s stock were exchanged, compared to its average volume of 27,009. Brighthouse Financial has a 1-year low of $19.05 and a 1-year high of $25.00. The company has a 50-day moving average of $23.70 and a 200 day moving average of $23.50.

Brighthouse Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 25th. Shareholders of record on Tuesday, September 10th will be issued a $0.4125 dividend. This represents a $1.65 annualized dividend and a yield of 6.63%. The ex-dividend date is Tuesday, September 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.