Short Interest in Aegon Ltd. (NYSE:AEG) Drops By 6.0%

Aegon Ltd. (NYSE:AEGGet Free Report) was the recipient of a significant decline in short interest during the month of September. As of September 30th, there was short interest totalling 3,150,000 shares, a decline of 6.0% from the September 15th total of 3,350,000 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 2,510,000 shares, the days-to-cover ratio is currently 1.3 days.

Institutional Trading of Aegon

Several large investors have recently modified their holdings of AEG. EverSource Wealth Advisors LLC boosted its stake in shares of Aegon by 240.3% during the first quarter. EverSource Wealth Advisors LLC now owns 4,114 shares of the financial services provider’s stock valued at $25,000 after acquiring an additional 2,905 shares during the last quarter. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Aegon during the second quarter worth about $30,000. GAMMA Investing LLC grew its holdings in shares of Aegon by 79.5% during the second quarter. GAMMA Investing LLC now owns 5,094 shares of the financial services provider’s stock worth $31,000 after buying an additional 2,256 shares in the last quarter. CWM LLC raised its position in shares of Aegon by 83.6% in the second quarter. CWM LLC now owns 5,725 shares of the financial services provider’s stock valued at $35,000 after buying an additional 2,606 shares during the last quarter. Finally, Verus Capital Partners LLC purchased a new position in shares of Aegon during the second quarter valued at approximately $61,000. 4.32% of the stock is currently owned by institutional investors and hedge funds.

Aegon Stock Up 1.8 %

Aegon stock traded up $0.11 during trading hours on Wednesday, hitting $6.35. The stock had a trading volume of 1,818,251 shares, compared to its average volume of 2,370,054. Aegon has a 1-year low of $4.63 and a 1-year high of $6.96. The stock’s fifty day moving average is $6.16 and its two-hundred day moving average is $6.25.

Aegon Cuts Dividend

The firm also recently announced a semi-annual dividend, which was paid on Thursday, September 26th. Shareholders of record on Thursday, September 5th were given a dividend of $0.1723 per share. This represents a yield of 4.9%. The ex-dividend date was Thursday, September 5th.

Aegon Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Aegon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aegon and related companies with MarketBeat.com's FREE daily email newsletter.