Short Interest in Brighthouse Financial, Inc. (NASDAQ:BHFAM) Increases By 9.0%

Brighthouse Financial, Inc. (NASDAQ:BHFAM) was the target of a large growth in short interest in May. As of May 31st, there was short interest totalling 14,500 shares, a growth of 9.0% from the May 15th total of 13,300 shares. Based on an average daily trading volume, of 36,400 shares, the days-to-cover ratio is presently 0.4 days.

Brighthouse Financial Price Performance

Shares of BHFAM stock traded up $0.20 on Tuesday, reaching $16.19. 15,394 shares of the company’s stock were exchanged, compared to its average volume of 37,998. Brighthouse Financial has a 52 week low of $13.03 and a 52 week high of $17.19. The company’s fifty day simple moving average is $16.06 and its 200 day simple moving average is $16.16.

Brighthouse Financial Announces Dividend

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 $0.2891 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 7.14%. The ex-dividend date of this dividend is 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.