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:ABLLLGet Free Report) was the recipient of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 1,200 shares, a decline of 33.3% from the January 31st total of 1,800 shares. Based on an average daily trading volume, of 21,800 shares, the days-to-cover ratio is presently 0.1 days.

Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 Stock Down 1.0 %

NASDAQ ABLLL opened at $26.06 on Tuesday. The stock has a 50-day moving average of $27.87 and a two-hundred day moving average of $26.94. Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 has a 1-year low of $24.90 and a 1-year high of $38.50.

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

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 $0.6172 dividend. This represents a $2.47 dividend on an annualized basis and a dividend yield of 9.47%. The ex-dividend date was Thursday, February 13th.

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