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

Brighthouse Financial, Inc. (NASDAQ:BHFAM) was the recipient of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 12,674 shares, an increase of 204.4% from the May 14th total of 4,164 shares. Based on an average daily trading volume, of 34,910 shares, the short-interest ratio is presently 0.4 days.

Brighthouse Financial Stock Performance

NASDAQ BHFAM opened at $10.80 on Friday. The stock’s 50-day moving average price is $11.46 and its two-hundred day moving average price is $11.59. Brighthouse Financial has a 1 year low of $10.21 and a 1 year high of $14.90.

Brighthouse Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Wednesday, June 10th will be issued a dividend of $0.2891 per share. This represents a $1.16 annualized dividend and a yield of 10.7%. The ex-dividend date is Wednesday, June 10th.

About Brighthouse Financial

Brighthouse Financial, Inc (NASDAQ: BHFAM) is a U.S.-based provider of life insurance and annuity products designed to help individuals and families pursue long-term financial security. The company offers a range of fixed and fixed-indexed annuities, term and permanent life insurance policies, and related income protection solutions. Through its product portfolio, Brighthouse Financial seeks to address the retirement income needs of its clients and deliver predictable cash flows over time.

Established as an independent public company in August 2017 following a spin-off from MetLife, Brighthouse Financial has focused on streamlining operations and narrowing its business scope to core retirement and protection offerings.