Aegon Ltd. (NYSE:AEG) Sees Significant Drop in Short Interest

Aegon Ltd. (NYSE:AEG) was the target of a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 3,840,000 shares, a decline of 9.4% from the October 31st total of 4,240,000 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 3,040,000 shares, the short-interest ratio is presently 1.3 days.

Wall Street Analyst Weigh In

Separately, UBS Group upgraded shares of Aegon from a “neutral” rating to a “buy” rating in a research note on Tuesday, October 22nd.

Institutional Trading of Aegon

Institutional investors have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC increased its position in shares of Aegon by 240.3% in the first quarter. EverSource Wealth Advisors LLC now owns 4,114 shares of the financial services provider’s stock valued at $25,000 after buying an additional 2,905 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Aegon by 79.5% in the second quarter. GAMMA Investing LLC now owns 5,094 shares of the financial services provider’s stock valued at $31,000 after buying an additional 2,256 shares during the last quarter. Burns Matteson Capital Management LLC purchased a new position in shares of Aegon during the second quarter valued at approximately $80,000. Fulton Bank N.A. boosted its position in Aegon by 110.3% during the second quarter. Fulton Bank N.A. now owns 67,451 shares of the financial services provider’s stock worth $413,000 after acquiring an additional 35,372 shares during the last quarter. Finally, CWM LLC raised its holdings in Aegon by 83.6% in the 2nd quarter. CWM LLC now owns 5,725 shares of the financial services provider’s stock valued at $35,000 after acquiring an additional 2,606 shares during the last quarter. Hedge funds and other institutional investors own 4.32% of the company’s stock.

Aegon Trading Up 1.1 %

NYSE:AEG opened at $6.41 on Wednesday. Aegon has a 1 year low of $5.49 and a 1 year high of $6.96. The stock has a fifty day moving average price of $6.35 and a two-hundred day moving average price of $6.28.

Aegon Company Profile

Aegon Ltd. provides insurance, pensions, retirement, and asset management services in the United States, the Netherlands, the United Kingdom, and internationally. The company offers life, accident, property and casualty, and health insurance; annuities, retirement plans, mutual funds, and stable value solutions; residential mortgage and digital baking services; and retail and institutional investment management solutions and retirement savings vehicles and strategies.