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) was the recipient of a large drop in short interest during the month of January. As of January 31st, there was short interest totalling 1,800 shares, a drop of 5.3% from the January 15th total of 1,900 shares. Based on an average daily volume of 21,900 shares, the short-interest ratio is currently 0.1 days.

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

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 fifty-two week low of $24.78 and a fifty-two week high of $38.50. The firm has a 50 day moving average price of $27.95 and a 200 day moving average price of $26.87.

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

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

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