Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 (NASDAQ:ABLLL) Short Interest Up 205.4% in December

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 in December. As of December 31st, there was short interest totalling 22,600 shares, an increase of 205.4% from the December 15th total of 7,400 shares. Based on an average trading volume of 21,300 shares, the short-interest ratio is currently 1.1 days.

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

NASDAQ ABLLL opened at $26.94 on Thursday. Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 has a one year low of $24.68 and a one year high of $38.50. The firm has a 50 day simple moving average of $27.69 and a 200-day simple moving average of $26.65.

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

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Thursday, November 14th were paid a $0.6172 dividend. This represents a $2.47 annualized dividend and a dividend yield of 9.16%. The ex-dividend date was Thursday, November 14th.

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