Short Interest in Brighthouse Financial, Inc. (NASDAQ:BHFAO) Declines By 64.8%

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

Brighthouse Financial Stock Performance

Shares of NASDAQ BHFAO opened at $14.85 on Friday. Brighthouse Financial has a one year low of $14.19 and a one year high of $20.20. The business has a 50-day moving average price of $16.04 and a two-hundred day moving average price of $16.30.

Brighthouse Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Wednesday, June 10th were paid a $0.4219 dividend. This represents a $1.69 annualized dividend and a yield of 11.4%. 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.