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Short interest in Brighthouse Financial, Inc. (NASDAQ:BHFAM) Expands 129.5%

Brighthouse Financial, Inc. (NASDAQ:BHFAM – Get Free Report ) received a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 28,000 shares, an increase of 129.5% from July 15th’s total of 12,200 shares. Based on an average trading volume of 27,900 shares, the short interest rate is currently 1.0 days.

Brighthouse Financial Stock Performance

Shares of Brighthouse Financial opened at $16.43 on Tuesday. The company’s 50-day moving average price is $16.46, and its two-hundred-day moving average price is $16.39. Brighthouse Financial has a 1 year low of $13.03 and a 1 year high of $17.19.

Brighthouse Financial announces dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 25th. Investors of record on Monday, June 10th were paid a $0.2891 dividend. The ex-dividend date of this dividend was Monday, June 10th. This represents a dividend of $1.16 on an annualized basis and a yield of 7.04%.

About Brighthouse Financial

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Brighthouse Financial, Inc offers annuity and life insurance products in the United States. It operates through three segments: annuities, life and drawdown. The annuities segment consists of variable, fixed, indexed and income annuities for the needs of holders of tax-deferred, wealth transfer and income security protected wealth accumulation contracts.

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