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

Brighthouse Financial, Inc. (NASDAQ:BHFAP) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 16,849 shares, a growth of 193.4% from the May 31st total of 5,743 shares. Based on an average daily trading volume, of 24,697 shares, the short-interest ratio is presently 0.7 days.

Brighthouse Financial Stock Down 0.1%

BHFAP stock traded down $0.01 during midday trading on Friday, hitting $14.58. The stock had a trading volume of 36,140 shares, compared to its average volume of 33,434. Brighthouse Financial has a 12-month low of $14.02 and a 12-month high of $19.30. The company’s 50-day moving average price is $15.53 and its 200 day moving average price is $15.84.

Brighthouse Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Wednesday, June 10th were paid a $0.4125 dividend. This represents a $1.65 dividend on an annualized basis and a yield of 11.3%. The ex-dividend date of this dividend was Wednesday, June 10th.

Brighthouse Financial Company Profile

Brighthouse Financial, Inc is a U.S.-based provider of retirement and protection solutions, formed in August 2017 as a spin-off from MetLife, Inc Headquartered in Charlotte, North Carolina, the company focuses on helping individuals and families secure their financial futures through a range of insurance and annuity products. Since its inception, Brighthouse Financial has operated independently, building its own brand and capabilities in the quickly evolving retirement-services market.

The company’s core business centers on the design, manufacture and distribution of fixed annuities, fixed indexed annuities and other guaranteed retirement-income products.