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

Brighthouse Financial, Inc. (NASDAQ:BHFAM) saw a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 1,206 shares, a decrease of 85.9% from the July 30th total of 8,548 shares. Based on an average daily trading volume, of 45,588 shares, the days-to-cover ratio is currently 0.0 days.

Brighthouse Financial Stock Performance

Shares of BHFAM stock remained flat at $10.20 during mid-day trading on Friday. 6,555 shares of the stock traded hands, compared to its average volume of 47,104. The company has a fifty day simple moving average of $10.20 and a 200-day simple moving average of $11.08. Brighthouse Financial has a one year low of $9.45 and a one year high of $14.20.

Brighthouse Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Thursday, September 10th will be given a $0.2891 dividend. The ex-dividend date is Thursday, September 10th. This represents a $1.16 dividend on an annualized basis and a yield of 11.3%.

About Brighthouse Financial

Brighthouse Financial, Inc (NASDAQ: BHFAM) is a U.S.-based provider of life insurance and annuity products designed to help individuals and families pursue long-term financial security. The company offers a range of fixed and fixed-indexed annuities, term and permanent life insurance policies, and related income protection solutions. Through its product portfolio, Brighthouse Financial seeks to address the retirement income needs of its clients and deliver predictable cash flows over time.

Established as an independent public company in August 2017 following a spin-off from MetLife, Brighthouse Financial has focused on streamlining operations and narrowing its business scope to core retirement and protection offerings.