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

Brighthouse Financial, Inc. (NASDAQ:BHFAL) was the recipient of a large decrease in short interest in July. As of July 31st, there was short interest totaling 1,412 shares, a decrease of 73.7% from the July 15th total of 5,375 shares. Based on an average daily trading volume, of 21,473 shares, the days-to-cover ratio is presently 0.1 days.

Brighthouse Financial Trading Down 0.0%

BHFAL traded down $0.00 on Thursday, hitting $15.72. The company had a trading volume of 21,616 shares, compared to its average volume of 24,504. The business’s fifty day simple moving average is $15.74 and its 200 day simple moving average is $16.65. Brighthouse Financial has a 12-month low of $14.98 and a 12-month high of $19.75.

Brighthouse Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were paid a $0.3906 dividend. This represents a $1.56 annualized dividend and a dividend yield of 9.9%. The ex-dividend date of this dividend was Monday, June 1st.

Brighthouse Financial Company Profile

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.