BrightSpring Health Services, Inc. (NASDAQ:BTSGU) Short Interest Update

BrightSpring Health Services, Inc. (NASDAQ:BTSGU) saw a significant decrease in short interest in November. As of November 15th, there was short interest totalling 2,800 shares, a decrease of 46.2% from the October 31st total of 5,200 shares. Based on an average daily volume of 79,900 shares, the days-to-cover ratio is presently 0.0 days.

BrightSpring Health Services Stock Performance

Shares of BrightSpring Health Services stock traded up $1.09 during trading on Thursday, hitting $69.15. 131,686 shares of the stock traded hands, compared to its average volume of 84,008. BrightSpring Health Services has a 52-week low of $34.55 and a 52-week high of $72.66. The stock’s fifty day simple moving average is $61.82 and its 200 day simple moving average is $52.18.

BrightSpring Health Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 1st. Investors of record on Tuesday, October 15th were issued a dividend of $0.8438 per share. This represents a $3.38 annualized dividend and a yield of 4.88%. The ex-dividend date was Tuesday, October 15th.

Institutional Trading of BrightSpring Health Services

A number of hedge funds have recently bought and sold shares of BTSGU. Van ECK Associates Corp grew its stake in BrightSpring Health Services by 12.6% during the 2nd quarter. Van ECK Associates Corp now owns 318,907 shares of the company’s stock worth $15,011,000 after buying an additional 35,649 shares during the last quarter. Calamos Advisors LLC grew its stake in shares of BrightSpring Health Services by 51.0% during the second quarter. Calamos Advisors LLC now owns 301,985 shares of the company’s stock worth $14,214,000 after acquiring an additional 101,985 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in BrightSpring Health Services in the 2nd quarter worth approximately $11,768,000. Highbridge Capital Management LLC grew its position in BrightSpring Health Services by 3.7% during the 2nd quarter. Highbridge Capital Management LLC now owns 302,705 shares of the company’s stock worth $14,248,000 after purchasing an additional 10,899 shares during the last quarter. Finally, Bank of Montreal Can purchased a new position in shares of BrightSpring Health Services in the second quarter worth $1,694,000.

About BrightSpring Health Services

BrightSpring Health Services, Inc operates a home and community-based healthcare services platform in the United States. The company's platform focuses on delivering pharmacy and provider services, including clinical and supportive care in home and community settings to Medicare, Medicaid, and insured populations.