Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 (NASDAQ:ABLLL) Short Interest Down 16.7% in February

Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 (NASDAQ:ABLLLGet Free Report) was the target of a significant decline in short interest in February. As of February 28th, there was short interest totalling 1,000 shares, a decline of 16.7% from the February 13th total of 1,200 shares. Based on an average daily trading volume, of 22,800 shares, the days-to-cover ratio is currently 0.0 days.

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

ABLLL stock opened at $26.23 on Wednesday. The company’s 50 day moving average is $26.82 and its 200 day moving average is $26.99. Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 has a 1-year low of $24.90 and a 1-year high of $38.50.

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, February 14th. Stockholders of record on Thursday, February 13th were issued a $0.6172 dividend. This represents a $2.47 dividend on an annualized basis and a dividend yield of 9.41%. The ex-dividend date of this dividend was Thursday, February 13th.

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