Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 (NASDAQ:ABLLL) Sees Significant Decrease in Short Interest

Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 (NASDAQ:ABLLLGet Free Report) saw a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 1,800 shares, a decline of 5.3% from the January 15th total of 1,900 shares. Based on an average daily volume of 21,900 shares, the days-to-cover ratio is currently 0.1 days.

Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 Trading Up 0.4 %

Shares of Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 stock opened at $26.75 on Thursday. Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 has a 52-week low of $24.78 and a 52-week high of $38.50. The company’s 50-day simple moving average is $27.95 and its 200-day simple moving average is $26.87.

Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Thursday, February 13th were issued a dividend of $0.6172 per share. This represents a $2.47 dividend on an annualized basis and a yield of 9.23%. The ex-dividend date of this dividend was Thursday, February 13th.

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