Brighthouse Financial, Inc. (NASDAQ:BHFAN – Get Rating) saw a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 14,000 shares, an increase of 86.7% from the April 30th total of 7,500 shares. Based on an average daily trading volume, of 68,200 shares, the short-interest ratio is currently 0.2 days.
Brighthouse Financial Stock Down 1.2 %
Shares of NASDAQ:BHFAN traded down $0.21 during mid-day trading on Friday, hitting $16.65. 11,678 shares of the company traded hands, compared to its average volume of 69,340. Brighthouse Financial has a 12-month low of $14.62 and a 12-month high of $23.49. The stock has a 50-day moving average price of $16.64 and a two-hundred day moving average price of $18.32.
Brighthouse Financial Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 26th. Shareholders of record on Saturday, June 10th will be given a $0.3359 dividend. The ex-dividend date of this dividend is Thursday, June 8th. This represents a $1.34 annualized dividend and a yield of 8.07%.
Brighthouse Financial Company Profile
Brighthouse Financial, Inc provides annuity and life insurance products in the United States. It operates through three segments: Annuities, Life, and Run-off. The Annuities segment offers variable, fixed, index-linked, and income annuities for contract holders' needs for protected wealth accumulation on a tax-deferred basis, wealth transfer, and income security.
- Get a free copy of the StockNews.com research report on Brighthouse Financial (BHFAN)
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