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

Brighthouse Financial, Inc. (NASDAQ:BHFAL) saw a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 779 shares, a decrease of 44.8% from the July 30th total of 1,412 shares. Based on an average trading volume of 32,766 shares, the short-interest ratio is presently 0.0 days.

Brighthouse Financial Price Performance

Shares of NASDAQ BHFAL traded down $0.47 during mid-day trading on Tuesday, reaching $15.29. 16,569 shares of the company traded hands, compared to its average volume of 25,052. Brighthouse Financial has a fifty-two week low of $14.98 and a fifty-two week high of $19.60. The stock has a fifty day simple moving average of $15.71 and a 200-day simple moving average of $16.46.

Brighthouse Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a dividend of $0.3906 per share. This represents a $1.56 dividend on an annualized basis and a yield of 10.2%. The ex-dividend date of this dividend is Tuesday, September 1st.

Brighthouse Financial Company Profile

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.