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

Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 (NASDAQ:ABLLLGet Free Report) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totalling 7,400 shares, a decrease of 12.9% from the November 30th total of 8,500 shares. Based on an average daily trading volume, of 6,000 shares, the short-interest ratio is currently 1.2 days.

Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 Trading Up 19.0 %

Shares of ABLLL opened at $34.64 on Tuesday. Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 has a 1 year low of $24.68 and a 1 year high of $37.20. The stock has a 50-day simple moving average of $26.75 and a 200-day simple moving average of $26.22.

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

The company also recently announced a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Thursday, November 14th were paid a dividend of $0.6172 per share. The ex-dividend date was Thursday, November 14th. This represents a $2.47 dividend on an annualized basis and a dividend yield of 7.13%.

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