Short Interest in Brighthouse Financial, Inc. (NASDAQ:BHFAO) Declines By 40.3%

Brighthouse Financial, Inc. (NASDAQ:BHFAO) was the target of a significant drop in short interest during the month of July. As of July 31st, there was short interest totalling 49,400 shares, a drop of 40.3% from the July 15th total of 82,700 shares. Based on an average trading volume of 24,800 shares, the short-interest ratio is presently 2.0 days.

Brighthouse Financial Stock Performance

Shares of Brighthouse Financial stock traded down $0.39 during trading on Thursday, reaching $24.69. The company’s stock had a trading volume of 13,903 shares, compared to its average volume of 27,441. The company has a 50-day moving average price of $24.63 and a two-hundred day moving average price of $24.51. Brighthouse Financial has a fifty-two week low of $19.53 and a fifty-two week high of $25.50.

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.