Short Interest in Brighthouse Financial, Inc. (NASDAQ:BHFAO) Declines By 64.8%

Brighthouse Financial, Inc. (NASDAQ:BHFAO) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 4,501 shares, a decrease of 64.8% from the May 31st total of 12,771 shares. Based on an average trading volume of 31,711 shares, the short-interest ratio is presently 0.1 days.

Brighthouse Financial Stock Down 0.7%

BHFAO opened at $14.85 on Friday. Brighthouse Financial has a 12-month low of $14.19 and a 12-month high of $20.20. The stock’s 50 day moving average price is $16.04 and its two-hundred day moving average price is $16.30.

Brighthouse Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Wednesday, June 10th were given a dividend of $0.4219 per share. The ex-dividend date of this dividend was Wednesday, June 10th. This represents a $1.69 dividend on an annualized basis and a dividend yield of 11.4%.

Brighthouse Financial Company Profile

Brighthouse Financial, Inc is a U.S.-based provider of annuities and life insurance products focused on helping individuals secure retirement income and long-term financial protection. Established in August 2017 as a corporate spin-off from MetLife, Brighthouse offers a range of solutions designed to address market volatility, longevity risk and the need for guaranteed income streams. The company’s product portfolio includes fixed annuities, fixed indexed annuities, variable annuities and life insurance policies.

The company distributes its products through a network of independent broker-dealers, banks, registered investment advisers and career agents.