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

Brighthouse Financial, Inc. (NASDAQ:BHFAL) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 14,070 shares, a growth of 190.7% from the June 15th total of 4,840 shares. Based on an average trading volume of 29,398 shares, the days-to-cover ratio is currently 0.5 days.

Brighthouse Financial Stock Down 0.1%

Shares of BHFAL stock opened at $15.93 on Tuesday. The stock has a fifty day moving average price of $16.20 and a 200 day moving average price of $16.90. Brighthouse Financial has a one year low of $15.13 and a one year high of $19.75.

Brighthouse Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were given a $0.3906 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 9.8%. The ex-dividend date was Monday, June 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.