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

Brighthouse Financial, Inc. (NASDAQ:BHFAN) was the target of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 15,396 shares, a decline of 70.3% from the June 30th total of 51,779 shares. Based on an average trading volume of 46,674 shares, the days-to-cover ratio is currently 0.3 days.

Brighthouse Financial Stock Performance

NASDAQ:BHFAN traded down $0.04 during mid-day trading on Tuesday, hitting $11.38. The company’s stock had a trading volume of 7,928 shares, compared to its average volume of 74,298. Brighthouse Financial has a fifty-two week low of $10.95 and a fifty-two week high of $15.65. The stock has a fifty day moving average of $12.15 and a 200-day moving average of $12.84.

Brighthouse Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Wednesday, June 10th were paid a $0.3359 dividend. This represents a $1.34 annualized dividend and a dividend yield of 11.8%. The ex-dividend date 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.