Short Interest in Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 (NASDAQ:ABLLL) Rises By 50.0%

Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 (NASDAQ:ABLLL) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 2,400 shares, an increase of 50.0% from the August 31st total of 1,600 shares. Based on an average daily volume of 8,800 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 8,800 shares, the short-interest ratio is presently 0.3 days.

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

NASDAQ ABLLL opened at $25.05 on Tuesday. Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 has a fifty-two week low of $20.52 and a fifty-two week high of $38.50. The stock has a 50 day simple moving average of $25.08 and a two-hundred day simple moving average of $25.12.

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

The business also recently declared a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Thursday, August 14th were issued a $0.6172 dividend. The ex-dividend date was Thursday, August 14th. This represents a $2.47 annualized dividend and a yield of 9.9%.