Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 (NASDAQ:ABLLL) Short Interest Up 2,376.2% in March

Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 (NASDAQ:ABLLLGet Free Report) was the recipient of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 52,000 shares, an increase of 2,376.2% from the March 15th total of 2,100 shares. Based on an average daily trading volume, of 22,900 shares, the short-interest ratio is presently 2.3 days.

Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 Stock Up 0.4 %

NASDAQ ABLLL opened at $25.45 on Wednesday. The firm’s fifty day simple moving average is $25.94 and its two-hundred day simple moving average is $26.83. Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 has a 12-month low of $24.09 and a 12-month high of $38.50.

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

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Thursday, February 13th were issued a dividend of $0.6172 per share. The ex-dividend date was Thursday, February 13th. This represents a $2.47 annualized dividend and a dividend yield of 9.70%.

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