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Brighthouse Financial, Inc. (NASDAQ:BHFAN) Sees Significant Decline in Short Interest

Defense World ·  Jan 30, 2023 01:41

Brighthouse Financial, Inc. (NASDAQ:BHFAN – Get Rating) was the recipient of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 22,800 shares, a decrease of 9.2% from the December 31st total of 25,100 shares. Based on an average daily trading volume, of 84,100 shares, the days-to-cover ratio is presently 0.3 days.

Brighthouse Financial Trading Up 0.8 %

Shares of BHFAN opened at $19.93 on Monday. Brighthouse Financial has a 52 week low of $17.37 and a 52 week high of $25.09. The business has a 50-day moving average of $18.99.

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Brighthouse Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 27th. Shareholders of record on Saturday, December 10th were given a dividend of $0.3359 per share. The ex-dividend date was Thursday, December 8th. This represents a $1.34 dividend on an annualized basis and a yield of 6.74%.

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.

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