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

Brighthouse Financial, Inc. (NASDAQ:BHFAPGet Free Report) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 16,849 shares, a growth of 193.4% from the May 31st total of 5,743 shares. Based on an average daily volume of 24,697 shares, the days-to-cover ratio is currently 0.7 days.

Brighthouse Financial Trading Down 0.2%

BHFAP stock traded down $0.03 during midday trading on Tuesday, reaching $14.62. 15,154 shares of the company were exchanged, compared to its average volume of 33,240. Brighthouse Financial has a one year low of $14.02 and a one year high of $19.18. The business has a 50-day moving average price of $15.50 and a two-hundred day moving average price of $15.83.

Brighthouse Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Wednesday, June 10th were paid a dividend of $0.4125 per share. This represents a $1.65 dividend on an annualized basis and a dividend yield of 11.3%. The ex-dividend date was Wednesday, June 10th.

Brighthouse Financial Company Profile

(Get Free Report)

Brighthouse Financial, Inc is a U.S.-based provider of retirement and protection solutions, formed in August 2017 as a spin-off from MetLife, Inc Headquartered in Charlotte, North Carolina, the company focuses on helping individuals and families secure their financial futures through a range of insurance and annuity products. Since its inception, Brighthouse Financial has operated independently, building its own brand and capabilities in the quickly evolving retirement-services market.

The company’s core business centers on the design, manufacture and distribution of fixed annuities, fixed indexed annuities and other guaranteed retirement-income products.

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