Brighthouse Financial, Inc. (NASDAQ:BHFAL) Short Interest Down 61.8% in July

Brighthouse Financial, Inc. (NASDAQ:BHFAL) saw a significant decrease in short interest in July. As of July 15th, there was short interest totaling 5,375 shares, a decrease of 61.8% from the June 30th total of 14,070 shares. Based on an average daily volume of 19,506 shares, the days-to-cover ratio is presently 0.3 days.

Brighthouse Financial Price Performance

Shares of NASDAQ BHFAL traded up $0.05 during midday trading on Tuesday, reaching $15.11. 8,318 shares of the company traded hands, compared to its average volume of 23,764. Brighthouse Financial has a 52 week low of $15.03 and a 52 week high of $19.75. The stock has a 50-day moving average price of $15.95 and a 200 day moving average price of $16.82.

Brighthouse Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were given a dividend of $0.3906 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 10.3%. The ex-dividend date was Monday, June 1st.

Brighthouse Financial Company Profile

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.