Brighthouse Financial, Inc. (NASDAQ:BHFAO) Short Interest Update

Brighthouse Financial, Inc. (NASDAQ:BHFAO) was the recipient of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 4,501 shares, a decrease of 64.8% from the May 31st total of 12,771 shares. Based on an average daily volume of 31,711 shares, the days-to-cover ratio is presently 0.1 days.

Brighthouse Financial Stock Up 0.7%

NASDAQ BHFAO traded up $0.11 during trading hours on Monday, hitting $14.96. 29,050 shares of the company’s stock traded hands, compared to its average volume of 40,560. Brighthouse Financial has a 52-week low of $14.19 and a 52-week high of $20.20. The firm’s 50-day moving average is $16.04 and its 200-day moving average is $16.30.

Brighthouse Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Wednesday, June 10th were given a dividend of $0.4219 per share. This represents a $1.69 annualized dividend and a dividend yield of 11.3%. The ex-dividend date of this dividend was Wednesday, June 10th.

About Brighthouse Financial

Brighthouse Financial, Inc is a U.S.-based provider of annuities and life insurance products focused on helping individuals secure retirement income and long-term financial protection. Established in August 2017 as a corporate spin-off from MetLife, Brighthouse offers a range of solutions designed to address market volatility, longevity risk and the need for guaranteed income streams. The company’s product portfolio includes fixed annuities, fixed indexed annuities, variable annuities and life insurance policies.

The company distributes its products through a network of independent broker-dealers, banks, registered investment advisers and career agents.