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

Brighthouse Financial, Inc. (NASDAQ:BHFAM) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 18,064 shares, a growth of 1,397.8% from the August 15th total of 1,206 shares. Based on an average trading volume of 106,313 shares, the short-interest ratio is presently 0.2 days.

Brighthouse Financial Stock Performance

Shares of BHFAM stock traded down $0.00 during trading hours on Friday, reaching $9.79. The company had a trading volume of 10,923 shares, compared to its average volume of 47,950. The company has a 50 day moving average of $10.08 and a 200 day moving average of $10.92. Brighthouse Financial has a 1-year low of $9.45 and a 1-year high of $13.21.

Brighthouse Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Thursday, September 10th will be issued a $0.2891 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 11.8%. The ex-dividend date is Thursday, September 10th.

Brighthouse Financial Company Profile

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.