Brighthouse Financial, Inc. (NASDAQ:BHFAN) Stock Short Interest Rises 186.4%

Brighthouse Financial, Inc. (NASDAQ:BHFAN) saw a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 37,527 shares, a growth of 186.4% from the October 15th total of 13,104 shares. Based on an average trading volume of 74,311 shares, the days-to-cover ratio is presently 0.5 days.

Brighthouse Financial Price Performance

NASDAQ:BHFAN traded down $0.08 on Friday, reaching $9.93. 69,239 shares of the company’s stock were exchanged, compared to its average volume of 73,757. The stock has a fifty day simple moving average of $10.86 and a 200-day simple moving average of $12.10. Brighthouse Financial has a 52 week low of $9.93 and a 52 week high of $14.05.

Brighthouse Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Thursday, September 10th were issued a $0.3359 dividend. This represents a $1.34 dividend on an annualized basis and a dividend yield of 13.5%. The ex-dividend date of this dividend was Thursday, September 10th.

Brighthouse Financial Company Profile

Brighthouse Financial, Inc. is a U.S.-based financial services company focused on life insurance and annuity products. Its offerings include variable, fixed and income annuities, as well as life insurance designed to help individuals and families address protection and retirement-planning needs. The company distributes its products in the United States through financial professionals and other distribution partners. Brighthouse Financial became an independent, publicly traded company in 2017 following its separation from MetLife.