F&G Annuities & Life, Inc. (NYSE:FG) Short Interest Update

F&G Annuities & Life, Inc. (NYSE:FG) was the recipient of a significant increase in short interest in January. As of January 31st, there was short interest totalling 340,200 shares, an increase of 5.4% from the January 15th total of 322,900 shares. Based on an average daily trading volume, of 63,800 shares, the days-to-cover ratio is currently 5.3 days. Approximately 0.3% of the company’s stock are sold short.

Wall Street Analyst Weigh In

Separately, Barclays lifted their price objective on shares of F&G Annuities & Life from $46.00 to $47.00 and gave the company an “equal weight” rating in a report on Monday, January 6th.

Hedge Funds Weigh In On F&G Annuities & Life

A number of institutional investors have recently added to or reduced their stakes in FG. SG Americas Securities LLC acquired a new position in shares of F&G Annuities & Life in the third quarter valued at $169,000. Blue Trust Inc. increased its holdings in shares of F&G Annuities & Life by 1,386.8% in the third quarter. Blue Trust Inc. now owns 565 shares of the company’s stock valued at $25,000 after purchasing an additional 527 shares during the last quarter. Iron Horse Wealth Management LLC increased its holdings in shares of F&G Annuities & Life by 10.7% in the third quarter. Iron Horse Wealth Management LLC now owns 3,235 shares of the company’s stock valued at $145,000 after purchasing an additional 312 shares during the last quarter. Cannon Global Investment Management LLC acquired a new position in shares of F&G Annuities & Life in the third quarter valued at $362,000. Finally, Arthur M. Cohen & Associates LLC increased its holdings in shares of F&G Annuities & Life by 2.1% in the third quarter. Arthur M. Cohen & Associates LLC now owns 34,815 shares of the company’s stock valued at $1,468,000 after purchasing an additional 725 shares during the last quarter. 95.86% of the stock is currently owned by institutional investors and hedge funds.

F&G Annuities & Life Price Performance

Shares of FG opened at $47.01 on Tuesday. The company has a market cap of $5.93 billion, a price-to-earnings ratio of -783.34 and a beta of 1.66. F&G Annuities & Life has a 1-year low of $34.90 and a 1-year high of $50.75. The company’s fifty day simple moving average is $43.41 and its 200 day simple moving average is $43.17. The company has a current ratio of 0.25, a quick ratio of 0.25 and a debt-to-equity ratio of 0.46.

F&G Annuities & Life Company Profile

F&G Annuities & Life, Inc engages in the provision of fixed annuity and life insurance products. It specializes in life insurance, annuities, retirement planning and wealth transfer. The company was founded in 1959 and is headquartered in Des Moines, IA.