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

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

Brighthouse Financial Price Performance

Shares of NASDAQ:BHFAN traded down $0.07 during midday trading on Monday, reaching $12.02. The company’s stock had a trading volume of 34,859 shares, compared to its average volume of 77,019. The business has a 50 day moving average price of $12.44 and a 200 day moving average price of $12.91. Brighthouse Financial has a 1 year low of $11.51 and a 1 year high of $15.65.

Brighthouse Financial Dividend Announcement

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 $0.3359 dividend. This represents a $1.34 dividend on an annualized basis and a yield of 11.2%. 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.