Brighthouse Financial, Inc. (NASDAQ:BHFAL) Short Interest Down 61.8% in July

Brighthouse Financial, Inc. (NASDAQ:BHFALGet Free Report) saw a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 5,375 shares, a decrease of 61.8% from the June 30th total of 14,070 shares. Based on an average trading volume of 19,506 shares, the short-interest ratio is presently 0.3 days.

Brighthouse Financial Price Performance

BHFAL opened at $15.16 on Monday. The business has a fifty day simple moving average of $15.99 and a 200-day simple moving average of $16.84. Brighthouse Financial has a fifty-two week low of $15.13 and a fifty-two week high of $19.75.

Brighthouse Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were paid a dividend of $0.3906 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $1.56 dividend on an annualized basis and a yield of 10.3%.

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.

Further Reading

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