Brighthouse Financial, Inc. (NASDAQ:BHFAP – Get Rating) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 8,600 shares, a growth of 104.8% from the August 15th total of 4,200 shares. Based on an average daily volume of 27,300 shares, the days-to-cover ratio is currently 0.3 days.

Brighthouse Financial Stock Performance

Shares of BHFAP opened at $24.89 on Friday. Brighthouse Financial has a 1-year low of $23.01 and a 1-year high of $28.35. The firm's fifty day moving average is $25.13.

Brighthouse Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 26th. Shareholders of record on Saturday, September 10th will be given a $0.4125 dividend. The ex-dividend date is Thursday, September 8th. This represents a $1.65 dividend on an annualized basis and a dividend yield of 6.63%.

Brighthouse Financial Company Profile

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 offers 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.

Further Reading

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