Short Interest in Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 (NASDAQ:ABLLL) Drops By 19.3%

Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 (NASDAQ:ABLLL) saw a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 2,145 shares, a decrease of 19.3% from the November 30th total of 2,659 shares. Based on an average daily volume of 4,198 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 4,198 shares, the days-to-cover ratio is currently 0.5 days.

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

Shares of NASDAQ:ABLLL opened at $25.43 on Wednesday. The business has a 50 day simple moving average of $25.29 and a two-hundred day simple moving average of $25.10. Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 has a 1 year low of $20.52 and a 1 year high of $38.50.

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

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 14th. Investors of record on Thursday, November 13th were issued a dividend of $0.6172 per share. This represents a $2.47 dividend on an annualized basis and a yield of 9.7%. The ex-dividend date was Thursday, November 13th. This is an increase from Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028’s previous quarterly dividend of $0.62.