Brighthouse Financial, Inc. (NASDAQ:BHFAM) Short Interest Down 54.9% in April

Brighthouse Financial, Inc. (NASDAQ:BHFAM) saw a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 4,100 shares, a decrease of 54.9% from the March 31st total of 9,100 shares. Based on an average daily trading volume, of 43,900 shares, the short-interest ratio is currently 0.1 days.

Brighthouse Financial Stock Up 0.8 %

Shares of BHFAM stock traded up $0.12 during mid-day trading on Friday, reaching $15.73. 9,376 shares of the company were exchanged, compared to its average volume of 41,007. The business’s 50 day simple moving average is $16.40 and its 200 day simple moving average is $15.57. Brighthouse Financial has a fifty-two week low of $12.45 and a fifty-two week high of $17.19.

Brighthouse Financial Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 25th. Investors of record on Sunday, March 10th were issued a $0.2891 dividend. This is a positive change from Brighthouse Financial’s previous quarterly dividend of $0.29. This represents a $1.16 annualized dividend and a yield of 7.35%. The ex-dividend date was Thursday, March 7th.

About Brighthouse Financial

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 consists of 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.