Short Interest in Brighthouse Financial, Inc. (NASDAQ:BHFAN) Rises By 457.7%

Brighthouse Financial, Inc. (NASDAQ:BHFANGet Free Report) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totaling 51,779 shares, an increase of 457.7% from the June 15th total of 9,285 shares. Based on an average trading volume of 86,118 shares, the short-interest ratio is presently 0.6 days.

Brighthouse Financial Trading Down 0.5%

NASDAQ:BHFAN traded down $0.06 during trading hours on Friday, reaching $12.09. The company’s stock had a trading volume of 52,532 shares, compared to its average volume of 77,345. Brighthouse Financial has a one year low of $11.51 and a one year high of $15.65. The business’s 50-day moving average is $12.44 and its 200-day moving average is $12.90.

Brighthouse Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Wednesday, June 10th were paid a dividend of $0.3359 per share. This represents a $1.34 annualized dividend and a yield of 11.1%. The ex-dividend date was Wednesday, June 10th.

Brighthouse Financial Company Profile

(Get Free Report)

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.

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