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

Brighthouse Financial, Inc. (NASDAQ:BHFAL) was the target of a large drop in short interest in August. As of August 14th, there was short interest totaling 779 shares, a drop of 44.8% from the July 30th total of 1,412 shares. Based on an average daily trading volume, of 32,766 shares, the days-to-cover ratio is presently 0.0 days.

Brighthouse Financial Stock Down 0.8%

Shares of BHFAL opened at $15.62 on Monday. Brighthouse Financial has a 1 year low of $14.98 and a 1 year high of $19.60. The business’s 50 day simple moving average is $15.71 and its 200-day simple moving average is $16.48.

Brighthouse Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be given a $0.3906 dividend. This represents a $1.56 annualized dividend and a yield of 10.0%. The ex-dividend date is Tuesday, September 1st.

About Brighthouse Financial

Brighthouse Financial, which trades under the ticker NASDAQ:BHFAL, is a U.S.-based financial services company that was established in April 2017 through the separation of MetLife’s retail business. The company focuses on helping individuals achieve lifetime financial security by offering a range of retirement income and protection products. Since its spin-off, Brighthouse has operated as an independent, publicly traded entity with a dedicated emphasis on annuities and life insurance solutions.

The company’s core product suite includes fixed and variable annuities designed to provide predictable retirement income, as well as life insurance policies that offer estate planning benefits and death-benefit protection.