Short Interest in Brighthouse Financial, Inc. (NASDAQ:BHFAN) Declines By 52.3%

Brighthouse Financial, Inc. (NASDAQ:BHFANGet Free Report) saw a large decline in short interest in February. As of February 13th, there was short interest totaling 12,914 shares, a decline of 52.3% from the January 29th total of 27,081 shares. Based on an average daily volume of 65,572 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 65,572 shares, the short-interest ratio is presently 0.2 days.

Brighthouse Financial Stock Down 1.6%

Shares of BHFAN opened at $13.73 on Friday. Brighthouse Financial has a 1 year low of $11.51 and a 1 year high of $17.40. The company has a 50 day simple moving average of $13.33 and a two-hundred day simple moving average of $13.46.

Brighthouse Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 25th. Investors of record on Tuesday, March 10th will be paid a dividend of $0.3359 per share. This represents a $1.34 annualized dividend and a yield of 9.8%. The ex-dividend date of this dividend is Tuesday, March 10th.

Brighthouse Financial Company Profile

(Get Free Report)

Brighthouse Financial, Inc is a U.S.-based provider of annuity and life insurance products that was spun off from MetLife in August 2017. Headquartered in Charlotte, North Carolina, the company focuses on helping individuals and families prepare for retirement by offering a range of guaranteed-income solutions. Brighthouse Financial operates as a standalone public company under the ticker BHFAN on the NASDAQ exchange.

The company’s product portfolio includes fixed indexed annuities, fixed deferred annuities and lifetime income solutions designed to deliver predictable retirement cash flows.

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