Short Interest in Brighthouse Financial, Inc. (NASDAQ:BHFAO) Declines By 50.9%

Brighthouse Financial, Inc. (NASDAQ:BHFAOGet Free Report) saw a large decline in short interest in July. As of July 15th, there was short interest totaling 11,943 shares, a decline of 50.9% from the June 30th total of 24,316 shares. Based on an average daily volume of 30,452 shares, the short-interest ratio is presently 0.4 days.

Brighthouse Financial Trading Up 0.1%

Shares of Brighthouse Financial stock traded up $0.02 on Thursday, hitting $14.33. 1,307 shares of the company traded hands, compared to its average volume of 40,801. Brighthouse Financial has a 52 week low of $13.75 and a 52 week high of $18.88. The business has a 50-day simple moving average of $15.21 and a 200 day simple moving average of $16.17.

Brighthouse Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Wednesday, June 10th were given a $0.4219 dividend. This represents a $1.69 annualized dividend and a yield of 11.8%. The ex-dividend date was Wednesday, June 10th.

About Brighthouse Financial

(Get Free Report)

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.

Further Reading

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