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

Brighthouse Financial, Inc. (NASDAQ:BHFAL) was the recipient of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 5,058 shares, a growth of 234.5% from the April 30th total of 1,512 shares. Based on an average daily volume of 17,996 shares, the days-to-cover ratio is currently 0.3 days.

Brighthouse Financial Price Performance

Shares of BHFAL stock traded up $0.02 during mid-day trading on Friday, reaching $16.58. The stock had a trading volume of 19,740 shares, compared to its average volume of 24,019. Brighthouse Financial has a 52-week low of $16.15 and a 52-week high of $21.08. The stock’s 50-day moving average price is $16.87 and its two-hundred day moving average price is $17.17.

Brighthouse Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be given a $0.3906 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $1.56 annualized dividend and a dividend yield of 9.4%.

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.