Short Interest in Aegon Ltd. (NYSE:AEG) Increases By 24.2%

Aegon Ltd. (NYSE:AEG) saw a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 7,950,000 shares, an increase of 24.2% from the February 13th total of 6,400,000 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 5,440,000 shares, the short-interest ratio is presently 1.5 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP lifted its position in Aegon by 5.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 5,413,607 shares of the financial services provider’s stock worth $31,886,000 after acquiring an additional 298,679 shares during the period. Wellington Management Group LLP lifted its holdings in shares of Aegon by 21.1% during the third quarter. Wellington Management Group LLP now owns 4,484,791 shares of the financial services provider’s stock worth $28,658,000 after purchasing an additional 780,339 shares during the period. Raymond James Financial Inc. purchased a new position in Aegon in the 4th quarter valued at $15,397,000. Voloridge Investment Management LLC grew its position in Aegon by 27.6% in the 4th quarter. Voloridge Investment Management LLC now owns 1,895,842 shares of the financial services provider’s stock valued at $11,167,000 after buying an additional 409,694 shares during the last quarter. Finally, Northern Trust Corp increased its stake in Aegon by 91.7% in the 4th quarter. Northern Trust Corp now owns 1,419,940 shares of the financial services provider’s stock valued at $8,363,000 after buying an additional 679,126 shares during the period. 4.32% of the stock is owned by hedge funds and other institutional investors.

Aegon Stock Performance

NYSE AEG traded up $0.15 on Monday, reaching $6.58. The stock had a trading volume of 7,497,205 shares, compared to its average volume of 3,376,385. The stock has a market cap of $14.49 billion, a P/E ratio of 6.85 and a beta of 1.03. Aegon has a 12-month low of $5.66 and a 12-month high of $6.96. The business’s 50-day moving average price is $6.35 and its 200 day moving average price is $6.26.

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.