Short Interest in Brighthouse Financial, Inc. (NASDAQ:BHFAO) Grows By 39.5%

Brighthouse Financial, Inc. (NASDAQ:BHFAO) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totalling 48,700 shares, a growth of 39.5% from the May 31st total of 34,900 shares. Based on an average daily volume of 25,800 shares, the days-to-cover ratio is currently 1.9 days.

Brighthouse Financial Stock Up 0.1 %

Brighthouse Financial stock traded up $0.02 during trading hours on Friday, hitting $25.02. 152,880 shares of the stock traded hands, compared to its average volume of 28,507. The firm’s 50 day moving average price is $23.97 and its 200-day moving average price is $24.07. Brighthouse Financial has a 1 year low of $19.53 and a 1 year high of $25.50.

Brighthouse Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 25th. Shareholders of record on Monday, June 10th were paid a dividend of $0.4219 per share. The ex-dividend date of this dividend was Monday, June 10th. This represents a $1.69 annualized dividend and a yield of 6.74%.

Brighthouse Financial Company Profile

Brighthouse Financial, Inc provides annuity and life insurance products in the United States. It operates through three segments: Annuities, Life, and Run-off. The Annuities segment consists of variable, fixed, index-linked, and income annuities for contract holders' needs for protected wealth accumulation on a tax-deferred basis, wealth transfer, and income security.