Brighthouse Financial, Inc. (NASDAQ:BHFAN – Get Rating) was the target of a significant increase in short interest in February. As of February 28th, there was short interest totalling 24,200 shares, an increase of 36.7% from the February 13th total of 17,700 shares. Based on an average daily trading volume, of 82,500 shares, the days-to-cover ratio is currently 0.3 days.
Brighthouse Financial Stock Performance
BHFAN stock traded up $1.59 on Tuesday, reaching $18.25. The company had a trading volume of 41,980 shares, compared to its average volume of 71,807. The firm's fifty day moving average price is $19.72. Brighthouse Financial has a 1 year low of $16.55 and a 1 year high of $23.60.
Get Brighthouse Financial alerts:Brighthouse Financial Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 27th. Shareholders of record on Friday, March 10th will be issued a $0.3359 dividend. The ex-dividend date of this dividend is Thursday, March 9th. This represents a $1.34 annualized dividend and a yield of 7.36%.
Brighthouse Financial Company Profile
(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 (BHFAN)
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