Brighthouse Financial, Inc. (NASDAQ:BHFAO) Sees Significant Decline in Short Interest

Brighthouse Financial, Inc. (NASDAQ:BHFAO) saw a significant decrease in short interest in May. As of May 31st, there was short interest totalling 34,900 shares, a decrease of 26.5% from the May 15th total of 47,500 shares. Based on an average trading volume of 26,500 shares, the short-interest ratio is presently 1.3 days.

Brighthouse Financial Stock Down 0.4 %

Brighthouse Financial stock traded down $0.10 during trading on Friday, reaching $23.70. 9,354 shares of the company’s stock were exchanged, compared to its average volume of 27,620. The company’s 50-day moving average is $23.91 and its two-hundred day moving average is $23.93. Brighthouse Financial has a 52-week low of $19.53 and a 52-week high of $25.50.

Brighthouse Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 25th. Stockholders of record on Monday, June 10th will be paid a $0.4219 dividend. The ex-dividend date of this dividend is Monday, June 10th. This represents a $1.69 dividend on an annualized basis and a dividend yield of 7.12%.

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.