Brighthouse Financial, Inc. (NASDAQ:BHFAN – Get Free Report) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 15,396 shares, a decline of 70.3% from the June 30th total of 51,779 shares. Based on an average trading volume of 46,674 shares, the short-interest ratio is presently 0.3 days.
Brighthouse Financial Stock Performance
Shares of NASDAQ:BHFAN opened at $11.35 on Friday. The business has a 50-day moving average of $12.19 and a two-hundred day moving average of $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 firm also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Wednesday, June 10th were given a dividend of $0.3359 per share. This represents a $1.34 dividend on an annualized basis and a yield of 11.8%. The ex-dividend date of this dividend 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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