Brighthouse Financial, Inc. (NASDAQ:BHFAL – Get Free Report) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 5,375 shares, a decline of 61.8% from the June 30th total of 14,070 shares. Based on an average daily trading volume, of 19,506 shares, the days-to-cover ratio is presently 0.3 days.
Brighthouse Financial Stock Down 0.2%
Shares of BHFAL stock opened at $15.03 on Wednesday. The stock has a 50-day moving average of $15.92 and a 200-day moving average of $16.81. Brighthouse Financial has a one year low of $15.01 and a one year high of $19.75.
Brighthouse Financial Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were issued a dividend of $0.3906 per share. The ex-dividend date was Monday, June 1st. This represents a $1.56 dividend on an annualized basis and a yield of 10.4%.
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.
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