Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 (NASDAQ:ABLLL) Short Interest Down 91.6% in January

Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 (NASDAQ:ABLLL) was the target of a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 1,900 shares, a decline of 91.6% from the December 31st total of 22,600 shares. Based on an average trading volume of 21,900 shares, the short-interest ratio is presently 0.1 days.

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

Shares of ABLLL traded up $0.39 during trading hours on Thursday, reaching $27.35. 938 shares of the company’s stock traded hands, compared to its average volume of 18,357. The firm’s 50 day simple moving average is $27.81 and its 200-day simple moving average is $26.75. Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 has a 12 month low of $24.68 and a 12 month high of $38.50.