Brighthouse Financial, Inc. (NASDAQ:BHFAN – Get Free Report) was the recipient of a large decrease in short interest in July. As of July 15th, there was short interest totaling 15,396 shares, a decrease of 70.3% from the June 30th total of 51,779 shares. Based on an average daily volume of 46,674 shares, the short-interest ratio is presently 0.3 days.
Brighthouse Financial Price Performance
NASDAQ:BHFAN opened at $11.35 on Friday. The business’s 50-day moving average is $12.19 and its two-hundred day moving average is $12.85. Brighthouse Financial has a 12 month low of $10.95 and a 12 month high of $15.65.
Brighthouse Financial Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Wednesday, June 10th were issued a dividend of $0.3359 per share. This represents a $1.34 annualized dividend and a dividend yield of 11.8%. The ex-dividend date was Wednesday, June 10th.
Brighthouse Financial Company Profile
Brighthouse Financial, Inc is a U.S.-based provider of annuity and life insurance products that was spun off from MetLife in August 2017. Headquartered in Charlotte, North Carolina, the company focuses on helping individuals and families prepare for retirement by offering a range of guaranteed-income solutions. Brighthouse Financial operates as a standalone public company under the ticker BHFAN on the NASDAQ exchange.
The company’s product portfolio includes fixed indexed annuities, fixed deferred annuities and lifetime income solutions designed to deliver predictable retirement cash flows.
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