Short Interest in Brighthouse Financial, Inc. (NASDAQ:BHFAP) Declines By 31.0%

Brighthouse Financial, Inc. (NASDAQ:BHFAP) was the recipient of a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 17,600 shares, a decline of 31.0% from the March 31st total of 25,500 shares. Based on an average daily trading volume, of 29,100 shares, the short-interest ratio is currently 0.6 days.

Brighthouse Financial Trading Up 0.6 %

BHFAP stock traded up $0.14 during trading on Friday, hitting $22.68. 38,978 shares of the company traded hands, compared to its average volume of 29,660. The company has a 50-day moving average of $23.91 and a 200-day moving average of $22.62. Brighthouse Financial has a 1 year low of $19.05 and a 1 year high of $24.99.

Brighthouse Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 25th. Stockholders of record on Sunday, March 10th were issued a $0.4125 dividend. This represents a $1.65 annualized dividend and a dividend yield of 7.28%. The ex-dividend date of this dividend 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.