Brighthouse Financial, Inc. (NASDAQ:BHFAL) Short Interest Up 190.7% in June

Brighthouse Financial, Inc. (NASDAQ:BHFAL) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 14,070 shares, a growth of 190.7% from the June 15th total of 4,840 shares. Based on an average daily volume of 29,398 shares, the short-interest ratio is currently 0.5 days.

Brighthouse Financial Trading Down 0.1%

NASDAQ BHFAL traded down $0.01 on Wednesday, hitting $16.04. 7,954 shares of the stock were exchanged, compared to its average volume of 24,419. Brighthouse Financial has a 52-week low of $15.13 and a 52-week high of $19.75. The company’s 50-day moving average price is $16.18 and its two-hundred day moving average price is $16.90.

Brighthouse Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were issued a dividend of $0.3906 per share. The ex-dividend date was Monday, June 1st. This represents a $1.56 dividend on an annualized basis and a dividend yield of 9.7%.

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.