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

Brighthouse Financial, Inc. (NASDAQ:BHFAO) saw a significant growth in short interest in 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 daily volume of 46,237 shares, the short-interest ratio is presently 0.5 days.

Brighthouse Financial Stock Down 0.8%

Brighthouse Financial stock traded down $0.12 during mid-day trading on Monday, hitting $15.01. 53,261 shares of the company’s stock traded hands, compared to its average volume of 40,688. The firm has a 50 day moving average price of $15.71 and a 200 day moving average price of $16.26. Brighthouse Financial has a one year low of $14.19 and a one year high of $18.88.

Brighthouse Financial Dividend Announcement

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