Short Interest in Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 (NASDAQ:ABLLL) Declines By 10.7%

Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 (NASDAQ:ABLLLGet Free Report) was the target of a large decrease in short interest during the month of September. As of September 15th, there was short interest totalling 7,500 shares, a decrease of 10.7% from the August 31st total of 8,400 shares. Based on an average daily volume of 4,200 shares, the days-to-cover ratio is presently 1.8 days.

Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 Stock Down 0.9 %

Shares of Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 stock opened at $26.55 on Tuesday. The firm’s 50-day moving average price is $25.87 and its two-hundred day moving average price is $25.61. Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 has a 1-year low of $24.26 and a 1-year high of $27.39.

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

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 15th. Investors of record on Wednesday, August 14th were issued a dividend of $0.6172 per share. The ex-dividend date of this dividend was Wednesday, August 14th. This represents a $2.47 dividend on an annualized basis and a yield of 9.30%.

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