Brighthouse Financial, Inc. (NASDAQ:BHFAL) Short Interest Down 29.9% in February

Brighthouse Financial, Inc. (NASDAQ:BHFAL) was the target of a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 69,000 shares, a decrease of 29.9% from the February 13th total of 98,400 shares. Based on an average daily trading volume, of 31,300 shares, the short-interest ratio is presently 2.2 days.

Brighthouse Financial Price Performance

Shares of BHFAL opened at $21.71 on Monday. Brighthouse Financial has a 12-month low of $20.65 and a 12-month high of $25.47. The firm has a 50-day moving average price of $22.23 and a 200 day moving average price of $23.72.

Brighthouse Financial Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Saturday, March 1st will be issued a $0.3906 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 7.20%. The ex-dividend date is Friday, February 28th.

About Brighthouse Financial

Brighthouse Financial, Inc operates as a holding company, which engages in the provision of life insurance and annuities through independent distribution channels and marketing arrangements with diverse network of distribution partners. It operates through the following segments: Annuities; Life; Run-Off; and Corporate & Others.