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

Brighthouse Financial, Inc. (NASDAQ:BHFAL) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 5,470 shares, an increase of 660.8% from the November 30th total of 719 shares. Based on an average daily volume of 53,552 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 53,552 shares, the days-to-cover ratio is presently 0.1 days.

Brighthouse Financial Trading Up 0.8%

BHFAL stock opened at $16.54 on Friday. The firm has a 50 day moving average price of $17.32 and a 200-day moving average price of $18.39. Brighthouse Financial has a 52-week low of $16.15 and a 52-week high of $24.39.

Brighthouse Financial Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were issued a $0.3906 dividend. This represents a $1.56 annualized dividend and a yield of 9.4%. The ex-dividend date of this dividend was Monday, December 1st.

Brighthouse Financial Company Profile

Brighthouse Financial, which trades under the ticker NASDAQ:BHFAL, is a U.S.-based financial services company that was established in April 2017 through the separation of MetLife’s retail business. The company focuses on helping individuals achieve lifetime financial security by offering a range of retirement income and protection products. Since its spin-off, Brighthouse has operated as an independent, publicly traded entity with a dedicated emphasis on annuities and life insurance solutions.

The company’s core product suite includes fixed and variable annuities designed to provide predictable retirement income, as well as life insurance policies that offer estate planning benefits and death-benefit protection.