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Brighthouse Financial faces rising short interest amid increased stakes by Crossmark and a declared dividend.
Brighthouse Financial saw a significant rise in short interest, with varying reports of increases between 22.9% and 72.4%.
The company declared a quarterly dividend of around $0.40-$0.42 per share, due to be paid in December.
Brighthouse, which specializes in annuities and life insurance, also saw increased stake holdings by Crossmark Global Holdings Inc. Shares recently traded around $24, with a yield ranging from 7.11% to 7.27%.
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Brighthouse Financial se enfrenta a un interés creciente en medio del aumento de las apuestas de Crossmark y un dividendo declarado.