Brighthouse Financial, Inc. (NASDAQ:BHFAL – Get Free Report) was the target of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 5,675 shares, a growth of 358.8% from the February 12th total of 1,237 shares. Based on an average daily volume of 33,357 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 33,357 shares, the short-interest ratio is currently 0.2 days.
Brighthouse Financial Trading Up 0.5%
BHFAL stock traded up $0.09 during midday trading on Tuesday, reaching $17.21. 62,318 shares of the company were exchanged, compared to its average volume of 28,763. Brighthouse Financial has a one year low of $16.15 and a one year high of $22.18. The business has a 50-day moving average price of $17.63 and a two-hundred day moving average price of $17.78.
Brighthouse Financial Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Sunday, March 1st will be issued a $0.3906 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $1.56 dividend on an annualized basis and a yield of 9.1%.
About Brighthouse Financial
Brighthouse Financial, which trades under the ticker NASDAQ:BHFAL, is a U.S.-based financial services company that was established in April 2017 through the separation of MetLife’s retail business. The company focuses on helping individuals achieve lifetime financial security by offering a range of retirement income and protection products. Since its spin-off, Brighthouse has operated as an independent, publicly traded entity with a dedicated emphasis on annuities and life insurance solutions.
The company’s core product suite includes fixed and variable annuities designed to provide predictable retirement income, as well as life insurance policies that offer estate planning benefits and death-benefit protection.
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