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

Aegon Ltd. (NYSE:AEG) was the recipient of a large decline in short interest in 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. Based on an average daily trading volume, of 2,510,000 shares, the short-interest ratio is currently 1.3 days. Currently, 0.2% of the company’s shares are short sold.

Aegon Price Performance

Shares of AEG stock traded up $0.11 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 company’s 50 day moving average price is $6.16 and its 200-day moving average price is $6.25.

Aegon Cuts Dividend

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

Institutional Trading of Aegon

Several institutional investors and hedge funds have recently bought and sold shares of AEG. Contravisory Investment Management Inc. acquired a new position in Aegon in the third quarter valued at $216,000. Cubist Systematic Strategies LLC raised its stake in Aegon by 17.1% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 66,583 shares of the financial services provider’s stock valued at $408,000 after acquiring an additional 9,740 shares during the last quarter. Advisory Alpha LLC acquired a new stake in Aegon during the 2nd quarter worth approximately $68,000. Point72 Asset Management L.P. purchased a new position in shares of Aegon in the 2nd quarter valued at approximately $558,000. Finally, Creative Planning increased its holdings in shares of Aegon by 22.7% in the second quarter. Creative Planning now owns 375,263 shares of the financial services provider’s stock valued at $2,300,000 after purchasing an additional 69,405 shares during the period. Hedge funds and other institutional investors own 4.32% of the company’s stock.

About Aegon

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.