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

Brighthouse Financial, Inc. (NASDAQ:BHFAN) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 51,779 shares, an increase of 457.7% from the June 15th total of 9,285 shares. Based on an average daily trading volume, of 86,118 shares, the short-interest ratio is currently 0.6 days.

Brighthouse Financial Trading Down 0.5%

NASDAQ BHFAN traded down $0.06 during trading hours on Friday, reaching $12.09. The company had a trading volume of 52,532 shares, compared to its average volume of 77,345. The stock has a 50-day moving average of $12.44 and a 200 day moving average of $12.90. Brighthouse Financial has a 1-year low of $11.51 and a 1-year high of $15.65.

Brighthouse Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Wednesday, June 10th were paid a $0.3359 dividend. This represents a $1.34 dividend on an annualized basis and a dividend yield of 11.1%. 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 annuity and life insurance products that was spun off from MetLife in August 2017. Headquartered in Charlotte, North Carolina, the company focuses on helping individuals and families prepare for retirement by offering a range of guaranteed-income solutions. Brighthouse Financial operates as a standalone public company under the ticker BHFAN on the NASDAQ exchange.

The company’s product portfolio includes fixed indexed annuities, fixed deferred annuities and lifetime income solutions designed to deliver predictable retirement cash flows.