Short Interest in Brighthouse Financial, Inc. (NASDAQ:BHFAN) Decreases By 53.2%

Brighthouse Financial, Inc. (NASDAQ:BHFAN) was the target of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 9,285 shares, a decrease of 53.2% from the May 31st total of 19,840 shares. Based on an average trading volume of 80,091 shares, the short-interest ratio is currently 0.1 days.

Brighthouse Financial Stock Performance

NASDAQ BHFAN traded up $0.07 on Wednesday, hitting $12.04. The stock had a trading volume of 17,071 shares, compared to its average volume of 78,589. The firm has a 50-day moving average of $12.60 and a 200-day moving average of $12.93. Brighthouse Financial has a 52-week low of $11.51 and a 52-week high of $15.65.

Brighthouse Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Wednesday, June 10th were given a $0.3359 dividend. This represents a $1.34 dividend on an annualized basis and a dividend yield of 11.2%. The ex-dividend date was Wednesday, June 10th.

About Brighthouse Financial

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.