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

Brighthouse Financial, Inc. (NASDAQ:BHFAM) was the recipient of 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 trading volume of 33,500 shares, the short-interest ratio is currently 1.2 days.

Brighthouse Financial Trading Down 2.3 %

Shares of NASDAQ:BHFAM traded down $0.38 during trading 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 52-week low of $13.03 and a 52-week high of $17.19. The stock has a 50 day moving average of $16.16 and a 200 day moving average of $16.19.

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 $0.2891 per share. This represents a $1.16 dividend on an annualized basis and a yield of 7.15%. The ex-dividend date of this dividend was Monday, June 10th.

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.