Brighthouse Financial, Inc. (NASDAQ:BHFAO – Get Free Report) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 24,316 shares, an increase of 440.2% from the June 15th total of 4,501 shares. Based on an average daily trading volume, of 46,237 shares, the days-to-cover ratio is currently 0.5 days.
Brighthouse Financial Trading Down 0.5%
NASDAQ BHFAO traded down $0.07 on Friday, hitting $15.13. 26,322 shares of the stock traded hands, compared to its average volume of 40,592. The stock has a 50-day moving average of $15.71 and a 200 day moving average of $16.26. Brighthouse Financial has a twelve month low of $14.19 and a twelve month high of $19.22.
Brighthouse Financial Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Wednesday, June 10th were issued a $0.4219 dividend. This represents a $1.69 dividend on an annualized basis and a dividend yield of 11.2%. The ex-dividend date was Wednesday, June 10th.
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.
Featured Stories
- Five stocks we like better than Brighthouse Financial
- Starbucks Builds Sovereign AI to Cut $400 Million in Software Costs
- Power Struggle: Wolfspeed Sues Navitas Over AI Chips
- Why WD-40 Is Proving Great Businesses Never Go Out of Style
- Pushing the Edge: Super Micro Computer Reboots the AI Landscape
Receive News & Ratings for Brighthouse Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brighthouse Financial and related companies with MarketBeat.com's FREE daily email newsletter.
