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

Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 (NASDAQ:ABLLL) was the recipient of a large decline in short interest during 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 presently 0.1 days.

Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 Price Performance

NASDAQ ABLLL opened at $26.57 on Wednesday. The business’s 50 day moving average price is $27.94 and its 200-day moving average price is $26.87. Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 has a fifty-two week low of $24.78 and a fifty-two week high of $38.50.

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

The firm 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 9.29%. The ex-dividend date was Thursday, February 13th.