Brighthouse Financial, Inc. (NASDAQ:BHFAL) Sees Significant Decline in Short Interest

Brighthouse Financial, Inc. (NASDAQ:BHFAL) was the recipient of a significant decrease in short interest in April. As of April 30th, there was short interest totaling 1,512 shares, a decrease of 73.5% from the April 15th total of 5,704 shares. Based on an average daily volume of 19,147 shares, the short-interest ratio is presently 0.1 days.

Brighthouse Financial Stock Performance

NASDAQ:BHFAL traded down $0.06 during mid-day trading on Friday, hitting $16.80. The company’s stock had a trading volume of 4,442 shares, compared to its average volume of 24,455. Brighthouse Financial has a fifty-two week low of $16.15 and a fifty-two week high of $21.08. The stock has a fifty day moving average of $16.94 and a 200-day moving average of $17.25.

Brighthouse Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Sunday, March 1st were given a $0.3906 dividend. This represents a $1.56 annualized dividend and a yield of 9.3%. The ex-dividend date of this dividend was Friday, February 27th.

About Brighthouse Financial

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.