Short Interest in Brighthouse Financial, Inc. (NASDAQ:BHFAL) Drops By 79.1%

Brighthouse Financial, Inc. (NASDAQ:BHFAL) was the target of a significant decrease in short interest in the month of March. As of March 13th, there was short interest totaling 1,188 shares, a decrease of 79.1% from the February 26th total of 5,675 shares. Based on an average daily trading volume, of 24,264 shares, the short-interest ratio is presently 0.0 days.

Brighthouse Financial Trading Down 0.2%

NASDAQ BHFAL traded down $0.03 on Friday, reaching $16.53. The company had a trading volume of 10,042 shares, compared to its average volume of 26,885. The stock’s 50 day moving average is $17.50 and its 200-day moving average is $17.56. Brighthouse Financial has a 52 week low of $16.15 and a 52 week high of $21.49.

Brighthouse Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Sunday, March 1st were paid a dividend of $0.3906 per share. This represents a $1.56 dividend on an annualized basis and a yield of 9.5%. The ex-dividend date of this dividend was Friday, February 27th.

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.