Brighthouse Financial, Inc. (NASDAQ:BHFAL – Get Rating) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 9,200 shares, an increase of 46.0% from the August 31st total of 6,300 shares. Based on an average trading volume of 12,900 shares, the short-interest ratio is presently 0.7 days.
Institutional Investors Weigh In On Brighthouse Financial
An institutional investor recently bought a new position in Brighthouse Financial stock. Accel Wealth Management bought a new position in shares of Brighthouse Financial, Inc. (NASDAQ:BHFAL – Get Rating) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,000 shares of the company's stock, valued at approximately $25,000.
Get Brighthouse Financial alerts:Brighthouse Financial Price Performance
Shares of BHFAL stock opened at $23.36 on Thursday. The company has a 50 day moving average of $24.77. Brighthouse Financial has a 52 week low of $23.06 and a 52 week high of $27.68.
Brighthouse Financial Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, September 15th. Stockholders of record on Thursday, September 1st were issued a dividend of $0.3906 per share. The ex-dividend date of this dividend was Wednesday, August 31st. This represents a $1.56 dividend on an annualized basis and a dividend yield of 6.69%.About Brighthouse Financial
(Get Rating)
Brighthouse Financial, Inc operates as a holding company, which engages in the provision of life insurance and annuities through independent distribution channels and marketing arrangements with diverse network of distribution partners. It operates through the following segments: Annuities; Life; Run-Off; and Corporate & Others.
See Also
- Get a free copy of the StockNews.com research report on Brighthouse Financial (BHFAL)
- 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.