Brighthouse Financial, Inc. (NASDAQ:BHFAO) Short Interest Up 440.2% in June

Brighthouse Financial, Inc. (NASDAQ:BHFAO) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 24,316 shares, a growth of 440.2% from the June 15th total of 4,501 shares. Based on an average trading volume of 46,237 shares, the short-interest ratio is currently 0.5 days.

Brighthouse Financial Stock Down 0.5%

Shares of NASDAQ:BHFAO traded down $0.07 during trading on Friday, hitting $15.13. 26,322 shares of the company traded hands, compared to its average volume of 40,592. The business’s fifty day moving average is $15.71 and its 200-day moving average is $16.26. Brighthouse Financial has a one year low of $14.19 and a one year high of $19.22.

Brighthouse Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Wednesday, June 10th were given a dividend of $0.4219 per share. The ex-dividend date was Wednesday, June 10th. This represents a $1.69 dividend on an annualized basis and a yield of 11.2%.

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.