Brighthouse Financial, Inc. (NASDAQ:BHFAP) Short Interest Down 36.4% in May

Brighthouse Financial, Inc. (NASDAQ:BHFAPGet Free Report) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totalling 28,800 shares, a decrease of 36.4% from the April 30th total of 45,300 shares. Based on an average trading volume of 27,800 shares, the short-interest ratio is presently 1.0 days.

Brighthouse Financial Price Performance

BHFAP stock traded up $0.12 during mid-day trading on Thursday, reaching $22.32. The company had a trading volume of 8,218 shares, compared to its average volume of 29,242. The firm has a 50 day moving average of $23.33 and a 200 day moving average of $23.01. Brighthouse Financial has a 12 month low of $19.05 and a 12 month high of $24.99.

Brighthouse Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 25th. Stockholders of record on Monday, June 10th will be paid a dividend of $0.4125 per share. The ex-dividend date is Monday, June 10th. This represents a $1.65 dividend on an annualized basis and a dividend yield of 7.39%.

Brighthouse Financial Company Profile

(Get Free Report)

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.

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