Brighthouse Financial, Inc. (NASDAQ:BHFAN) Short Interest Update

Brighthouse Financial, Inc. (NASDAQ:BHFAN) was the recipient of a significant increase in short interest in June. As of June 30th, there was short interest totaling 51,779 shares, an increase of 457.7% from the June 15th total of 9,285 shares. Based on an average trading volume of 86,118 shares, the days-to-cover ratio is presently 0.6 days.

Brighthouse Financial Trading Down 0.5%

NASDAQ BHFAN traded down $0.06 on Friday, hitting $12.09. 52,532 shares of the stock were exchanged, compared to its average volume of 77,345. Brighthouse Financial has a fifty-two week low of $11.51 and a fifty-two week high of $15.65. The company has a 50-day moving average price of $12.44 and a 200-day moving average price of $12.90.

Brighthouse Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Wednesday, June 10th were given a dividend of $0.3359 per share. This represents a $1.34 annualized dividend and a dividend yield of 11.1%. The ex-dividend date of this dividend was Wednesday, June 10th.

About Brighthouse Financial

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.