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

Brighthouse Financial, Inc. (NASDAQ:BHFAM) was the target of a significant drop in short interest in August. As of August 14th, there was short interest totaling 1,206 shares, a drop of 85.9% from the July 30th total of 8,548 shares. Based on an average trading volume of 45,588 shares, the days-to-cover ratio is presently 0.0 days.

Brighthouse Financial Stock Up 1.5%

NASDAQ:BHFAM opened at $10.29 on Wednesday. Brighthouse Financial has a one year low of $9.45 and a one year high of $14.20. The stock has a 50 day moving average price of $10.22 and a 200 day moving average price of $11.10.

Brighthouse Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Thursday, September 10th will be issued a $0.2891 dividend. This represents a $1.16 annualized dividend and a dividend yield of 11.2%. The ex-dividend date is Thursday, September 10th.

About Brighthouse Financial

Brighthouse Financial, Inc (NASDAQ: BHFAM) is a U.S.-based provider of life insurance and annuity products designed to help individuals and families pursue long-term financial security. The company offers a range of fixed and fixed-indexed annuities, term and permanent life insurance policies, and related income protection solutions. Through its product portfolio, Brighthouse Financial seeks to address the retirement income needs of its clients and deliver predictable cash flows over time.

Established as an independent public company in August 2017 following a spin-off from MetLife, Brighthouse Financial has focused on streamlining operations and narrowing its business scope to core retirement and protection offerings.