share_log

Short Interest in Brighthouse Financial, Inc. (NASDAQ:BHFAM) Decreases By 39.6%

Defense World ·  Sep 29, 2022 05:03

Brighthouse Financial, Inc. (NASDAQ:BHFAM – Get Rating) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totalling 5,800 shares, a decline of 39.6% from the August 31st total of 9,600 shares. Based on an average daily trading volume, of 31,500 shares, the days-to-cover ratio is currently 0.2 days.

Brighthouse Financial Trading Up 1.7 %

Shares of NASDAQ BHFAM opened at $17.60 on Thursday. Brighthouse Financial has a 52 week low of $16.22 and a 52 week high of $26.24. The business has a fifty day moving average price of $18.46.

Get Brighthouse Financial alerts:

Brighthouse Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 26th. Investors of record on Saturday, September 10th were paid a $0.2891 dividend. This represents a $1.16 annualized dividend and a dividend yield of 6.57%. The ex-dividend date was Thursday, September 8th.

About Brighthouse Financial

(Get Rating)

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

  • Get a free copy of the StockNews.com research report on Brighthouse Financial (BHFAM)
  • A Trio of Q3 Winners With Room to Run
  • This Little Known Small Cap Is Up 139%: Is The Stock A Buy?
  • Can HCA Healthcare Weather the Normalization?
  • Can United Natural Foods Fight Both Inflation and the Fed?
  • Mullen Automotive Is Ready To Get In Gear

Receive News & Ratings for Brighthouse Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brighthouse Financial and related companies with MarketBeat.com's FREE daily email newsletter.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment