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) was the recipient of a significant decrease in short interest during 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 trading volume of 4,198 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading 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 Trading Up 0.1%

Shares of NASDAQ ABLLL opened at $25.43 on Wednesday. Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 has a 52-week low of $20.52 and a 52-week high of $38.50. The firm’s fifty day moving average is $25.29 and its two-hundred day moving average is $25.10.

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

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