Short Interest in Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 (NASDAQ:ABLLL) Declines By 33.3%

Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 (NASDAQ:ABLLL) saw a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 1,200 shares, a drop of 33.3% from the January 31st total of 1,800 shares. Based on an average daily volume of 21,800 shares, the days-to-cover ratio is currently 0.1 days.

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

ABLLL opened at $26.10 on Wednesday. The business has a fifty day simple moving average of $27.85 and a 200-day simple moving average of $26.95. Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 has a fifty-two week low of $24.90 and a fifty-two week high of $38.50.

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. Stockholders of record on Thursday, February 13th were paid a dividend of $0.6172 per share. This represents a $2.47 annualized dividend and a dividend yield of 9.46%. The ex-dividend date of this dividend was Thursday, February 13th.