Brighthouse Financial, Inc. (NASDAQ:BHFAO) Short Interest Up 39.5% in June

Brighthouse Financial, Inc. (NASDAQ:BHFAO) saw a significant increase in short interest in June. As of June 15th, there was short interest totalling 48,700 shares, an increase of 39.5% from the May 31st total of 34,900 shares. Based on an average daily trading volume, of 25,800 shares, the days-to-cover ratio is presently 1.9 days.

Brighthouse Financial Price Performance

BHFAO stock traded down $0.19 during midday trading on Monday, reaching $24.83. The stock had a trading volume of 24,651 shares, compared to its average volume of 28,476. The business has a fifty day simple moving average of $23.97 and a two-hundred day simple moving average of $24.09. Brighthouse Financial has a twelve month low of $19.53 and a twelve month high of $25.50.

Brighthouse Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 25th. Shareholders of record on Monday, June 10th were issued a dividend of $0.4219 per share. This represents a $1.69 dividend on an annualized basis and a yield of 6.80%. The ex-dividend date was Monday, June 10th.

About Brighthouse Financial

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.