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

Brighthouse Financial, Inc. (NASDAQ:BHFALGet Free Report) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 4,840 shares, a growth of 138.3% from the May 31st total of 2,031 shares. Based on an average daily volume of 19,651 shares, the days-to-cover ratio is presently 0.2 days.

Brighthouse Financial Price Performance

Brighthouse Financial stock traded down $0.06 during midday trading on Monday, reaching $15.63. 9,498 shares of the stock traded hands, compared to its average volume of 23,471. The stock’s fifty day moving average is $16.47 and its 200-day moving average is $16.97. Brighthouse Financial has a 12 month low of $15.60 and a 12 month high of $19.75.

Brighthouse Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were issued a $0.3906 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $1.56 dividend on an annualized basis and a dividend yield of 10.0%.

Brighthouse Financial Company Profile

(Get Free Report)

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.

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