BrightSpring Health Services, Inc. (NASDAQ:BTSGU) Short Interest Down 74.5% in July

Posted by Geri Gentry on Aug 15th, 2026

BrightSpring Health Services, Inc. (NASDAQ:BTSGU – Get Free Report) saw a large drop in short interest in July. As of July 31st, there was short interest totaling 25,138 shares, a drop of 74.5% from the July 15th total of 98,759 shares. Based on an average trading volume of 39,471 shares, the days-to-cover ratio is presently 0.6 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of BrightSpring Health Services in a research note on Wednesday, June 24th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has an average rating of “Hold”.

Get Our Latest Report on BrightSpring Health Services

BrightSpring Health Services Stock Up 1.0%

BTSGU stock traded up $2.10 on Friday, reaching $203.17. 114,175 shares of the company traded hands, compared to its average volume of 28,929. The firm has a fifty day simple moving average of $220.06 and a 200-day simple moving average of $177.13. BrightSpring Health Services has a one year low of $78.68 and a one year high of $255.51.

BrightSpring Health Services Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Saturday, August 1st. Stockholders of record on Wednesday, July 15th were issued a dividend of $0.8437 per share. The ex-dividend date was Wednesday, July 15th. This represents a $3.37 annualized dividend and a dividend yield of 1.7%.

Hedge Funds Weigh In On BrightSpring Health Services

A number of hedge funds have recently bought and sold shares of the company. Goldman Sachs Group Inc. purchased a new stake in BrightSpring Health Services during the 1st quarter valued at about $3,575,000. Bank of America Corp DE bought a new position in shares of BrightSpring Health Services in the first quarter worth approximately $6,629,000. JPMorgan Chase & Co. lifted its stake in shares of BrightSpring Health Services by 69.4% in the second quarter. JPMorgan Chase & Co. now owns 43,931 shares of the company’s stock worth $3,627,000 after buying an additional 17,994 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of BrightSpring Health Services by 11.0% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 164,260 shares of the company’s stock valued at $13,560,000 after buying an additional 16,302 shares during the last quarter. Finally, Jane Street Group LLC purchased a new stake in shares of BrightSpring Health Services during the second quarter valued at approximately $870,000.

About BrightSpring Health Services

(Get Free Report)

BrightSpring Health Services is a leading provider of home and community-based health and support services in the United States. The company specializes in delivering a continuum of care that spans behavioral health, intellectual and developmental disability support, home health care, and respite services. By integrating clinical and non-clinical offerings, BrightSpring seeks to improve patient outcomes, enhance quality of life, and support family caregivers.

Through its behavioral health division, BrightSpring offers individualized therapy, counseling, and crisis intervention for children, adolescents, and adults experiencing mental health challenges.