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

Brighthouse Financial, Inc. (NASDAQ:BHFAL) saw a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 1,512 shares, a drop of 73.5% from the April 15th total of 5,704 shares. Based on an average trading volume of 19,147 shares, the days-to-cover ratio is currently 0.1 days.

Brighthouse Financial Stock Performance

BHFAL stock traded down $0.05 on Wednesday, reaching $16.85. The company’s stock had a trading volume of 13,385 shares, compared to its average volume of 24,847. The business has a fifty day simple moving average of $16.96 and a two-hundred day simple moving average of $17.26. Brighthouse Financial has a 12-month low of $16.15 and a 12-month high of $21.08.

Brighthouse Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Sunday, March 1st were issued a $0.3906 dividend. The ex-dividend date was Friday, February 27th. This represents a $1.56 dividend on an annualized basis and a yield of 9.3%.

About Brighthouse Financial

Brighthouse Financial, which trades under the ticker NASDAQ:BHFAL, is a U.S.-based financial services company that was established in April 2017 through the separation of MetLife’s retail business. The company focuses on helping individuals achieve lifetime financial security by offering a range of retirement income and protection products. Since its spin-off, Brighthouse has operated as an independent, publicly traded entity with a dedicated emphasis on annuities and life insurance solutions.

The company’s core product suite includes fixed and variable annuities designed to provide predictable retirement income, as well as life insurance policies that offer estate planning benefits and death-benefit protection.