Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 (NASDAQ:ABLLL) Sees Large Increase in Short Interest

Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 (NASDAQ:ABLLLGet Free Report) was the target of a significant growth in short interest during the month of July. As of July 31st, there was short interest totalling 8,700 shares, a growth of 14.5% from the July 15th total of 7,600 shares. Based on an average daily trading volume, of 4,200 shares, the days-to-cover ratio is currently 2.1 days.

Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 Trading Down 0.2 %

Shares of NASDAQ ABLLL opened at $25.11 on Friday. Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 has a fifty-two week low of $24.26 and a fifty-two week high of $27.39. The stock has a fifty day moving average of $25.64 and a 200-day moving average of $25.42.

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. Shareholders of record on Wednesday, August 14th were issued a $0.6172 dividend. The ex-dividend date was Wednesday, August 14th. This represents a $2.47 annualized dividend and a dividend yield of 9.83%.

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