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

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

Brighthouse Financial Trading Up 0.5 %

BHFAO stock traded up $0.12 during mid-day trading on Wednesday, hitting $25.23. 9,109 shares of the company were exchanged, compared to its average volume of 27,444. Brighthouse Financial has a 1-year low of $19.53 and a 1-year high of $25.50. The business has a 50 day simple moving average of $24.61 and a 200-day simple moving average of $24.50.

About Brighthouse Financial

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.