Brighthouse Financial, Inc. (NASDAQ:BHFAM) Short Interest Update

Brighthouse Financial, Inc. (NASDAQ:BHFAM) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 9,039 shares, an increase of 120.9% from the December 31st total of 4,091 shares. Based on an average daily volume of 37,160 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 37,160 shares, the short-interest ratio is presently 0.2 days.

Brighthouse Financial Price Performance

BHFAM remained flat at $12.20 during trading on Friday. 175,867 shares of the company’s stock were exchanged, compared to its average volume of 64,938. The stock has a 50-day simple moving average of $11.54 and a two-hundred day simple moving average of $12.01. Brighthouse Financial has a twelve month low of $10.21 and a twelve month high of $15.75.

Brighthouse Financial Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Wednesday, December 10th were issued a $0.2891 dividend. This represents a $1.16 annualized dividend and a yield of 9.5%. The ex-dividend date was Wednesday, December 10th. This is an increase from Brighthouse Financial’s previous quarterly dividend of $0.29.

About Brighthouse Financial

Brighthouse Financial, Inc (NASDAQ: BHFAM) is a U.S.-based provider of life insurance and annuity products designed to help individuals and families pursue long-term financial security. The company offers a range of fixed and fixed-indexed annuities, term and permanent life insurance policies, and related income protection solutions. Through its product portfolio, Brighthouse Financial seeks to address the retirement income needs of its clients and deliver predictable cash flows over time.

Established as an independent public company in August 2017 following a spin-off from MetLife, Brighthouse Financial has focused on streamlining operations and narrowing its business scope to core retirement and protection offerings.