Short Interest in BrightSpring Health Services, Inc. (NASDAQ:BTSGU) Increases By 6.0%

BrightSpring Health Services, Inc. (NASDAQ:BTSGU) saw a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 8,800 shares, an increase of 6.0% from the January 15th total of 8,300 shares. Based on an average daily volume of 74,000 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On BrightSpring Health Services

Several large investors have recently made changes to their positions in the business. Sculptor Capital LP grew its stake in shares of BrightSpring Health Services by 443.6% in the 4th quarter. Sculptor Capital LP now owns 274,770 shares of the company’s stock worth $17,201,000 after buying an additional 224,224 shares during the last quarter. D. E. Shaw & Co. Inc. boosted its holdings in BrightSpring Health Services by 149.4% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 960,000 shares of the company’s stock worth $60,509,000 after acquiring an additional 575,000 shares in the last quarter. Bank of America Corp DE grew its stake in shares of BrightSpring Health Services by 231.9% in the fourth quarter. Bank of America Corp DE now owns 243,445 shares of the company’s stock worth $15,240,000 after acquiring an additional 170,106 shares during the last quarter. Aequim Alternative Investments LP increased its holdings in shares of BrightSpring Health Services by 105.7% during the fourth quarter. Aequim Alternative Investments LP now owns 990,000 shares of the company’s stock valued at $61,974,000 after acquiring an additional 508,779 shares in the last quarter. Finally, BlueCrest Capital Management Ltd raised its position in shares of BrightSpring Health Services by 79.0% in the 4th quarter. BlueCrest Capital Management Ltd now owns 100,653 shares of the company’s stock worth $6,301,000 after purchasing an additional 44,409 shares during the last quarter.

BrightSpring Health Services Stock Up 1.5 %

Shares of NASDAQ:BTSGU traded up $1.16 during midday trading on Monday, reaching $78.82. The company’s stock had a trading volume of 2,496 shares, compared to its average volume of 44,300. The firm has a 50 day moving average of $70.85 and a 200-day moving average of $62.33. BrightSpring Health Services has a 12-month low of $34.55 and a 12-month high of $89.00.

BrightSpring Health Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Saturday, February 1st. Shareholders of record on Wednesday, January 15th were issued a $0.8438 dividend. This represents a $3.38 dividend on an annualized basis and a yield of 4.28%. The ex-dividend date of this dividend was Wednesday, January 15th.

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.