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

Brighthouse Financial, Inc. (NASDAQ:BHFAO) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totalling 81,100 shares, a growth of 66.5% from the June 15th total of 48,700 shares. Based on an average daily volume of 26,900 shares, the days-to-cover ratio is currently 3.0 days.

Brighthouse Financial Price Performance

Shares of NASDAQ:BHFAO traded up $0.07 during midday trading on Friday, reaching $25.15. The company’s stock had a trading volume of 26,772 shares, compared to its average volume of 27,922. The business has a 50 day moving average price of $24.24 and a 200 day moving average price of $24.26. Brighthouse Financial has a 1 year low of $19.53 and a 1 year high of $25.50.

Brighthouse Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 25th. Shareholders of record on Monday, June 10th were paid a $0.4219 dividend. This represents a $1.69 dividend on an annualized basis and a yield of 6.71%. The ex-dividend date of this dividend was Monday, June 10th.

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.