Brighthouse Financial, Inc. (NASDAQ:BHFAP) Short Interest Down 14.9% in May

Brighthouse Financial, Inc. (NASDAQ:BHFAP) was the recipient of a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 24,500 shares, a decrease of 14.9% from the May 15th total of 28,800 shares. Based on an average daily volume of 26,900 shares, the short-interest ratio is presently 0.9 days.

Brighthouse Financial Stock Down 0.3 %

NASDAQ:BHFAP traded down $0.07 during trading hours on Friday, reaching $22.51. 12,601 shares of the company’s stock were exchanged, compared to its average volume of 28,591. The company has a 50-day moving average of $22.91 and a 200 day moving average of $23.14. Brighthouse Financial has a 1-year low of $19.05 and a 1-year high of $24.99.

Brighthouse Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 25th. Investors of record on Monday, June 10th will be paid a dividend of $0.4125 per share. This represents a $1.65 dividend on an annualized basis and a yield of 7.33%. The ex-dividend date is 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.