Aegon Ltd. (NYSE:AEG) Short Interest Up 30.4% in March

Aegon Ltd. (NYSE:AEG) was the target of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 2,700,000 shares, an increase of 30.4% from the March 15th total of 2,070,000 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,070,000 shares, the days-to-cover ratio is currently 1.3 days.

Aegon Price Performance

Shares of AEG stock opened at $5.88 on Monday. The company has a quick ratio of 0.08, a current ratio of 0.08 and a debt-to-equity ratio of 0.48. The stock has a 50 day simple moving average of $5.88 and a 200-day simple moving average of $5.55. Aegon has a 1-year low of $4.22 and a 1-year high of $6.38.

Aegon Increases Dividend

The firm also recently announced a semi-annual dividend, which will be paid on Monday, July 8th. Stockholders of record on Monday, June 17th will be paid a dividend of $0.1734 per share. This represents a dividend yield of 4.9%. This is an increase from Aegon’s previous semi-annual dividend of $0.15. The ex-dividend date is Monday, June 17th.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Bell Investment Advisors Inc raised its stake in shares of Aegon by 461.5% during the 4th quarter. Bell Investment Advisors Inc now owns 4,301 shares of the financial services provider’s stock worth $25,000 after buying an additional 3,535 shares during the period. BNP Paribas Arbitrage SNC acquired a new position in shares of Aegon during the 3rd quarter worth approximately $26,000. Fortis Capital Advisors LLC acquired a new position in Aegon in the 1st quarter valued at $34,000. Belpointe Asset Management LLC raised its stake in Aegon by 3,154.7% in the 1st quarter. Belpointe Asset Management LLC now owns 8,625 shares of the financial services provider’s stock valued at $37,000 after purchasing an additional 8,360 shares during the last quarter. Finally, Allworth Financial LP raised its stake in Aegon by 144.8% in the 3rd quarter. Allworth Financial LP now owns 8,201 shares of the financial services provider’s stock valued at $39,000 after purchasing an additional 4,851 shares during the last quarter. 4.32% of the stock is owned by institutional investors and hedge funds.

Aegon Company Profile

Aegon Ltd. provides insurance, pensions, retirement, and asset management services in the Americas, the Netherlands, the United Kingdom, and internationally. The company offers life, accident, property and casualty, and health insurance; annuities, retirement plans, and mutual funds; mortgage loans; and individual retirement accounts, as well as stable value, investment management, and digital banking solutions.