Brighthouse Financial, Inc. (NASDAQ:BHFAM) Short Interest Up 167.6% in June

Brighthouse Financial, Inc. (NASDAQ:BHFAM) saw a significant increase in short interest in June. As of June 15th, there was short interest totalling 38,800 shares, an increase of 167.6% from the May 31st total of 14,500 shares. Based on an average daily volume of 33,500 shares, the days-to-cover ratio is currently 1.2 days.

Brighthouse Financial Stock Down 2.3 %

NASDAQ BHFAM traded down $0.38 on Friday, hitting $16.17. 47,119 shares of the company were exchanged, compared to its average volume of 37,967. Brighthouse Financial has a 1-year low of $13.03 and a 1-year high of $17.19. The firm has a 50 day moving average of $16.16 and a two-hundred day moving average of $16.19.

Brighthouse Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 25th. Stockholders of record on Monday, June 10th were paid a dividend of $0.2891 per share. The ex-dividend date was Monday, June 10th. This represents a $1.16 annualized dividend and a dividend yield of 7.15%.

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.