Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 (NASDAQ:ABLLL – Get Free Report) was the target of a large drop in short interest in the month of September. As of September 15th, there was short interest totalling 7,500 shares, a drop of 10.7% from the August 31st total of 8,400 shares. Based on an average daily trading volume, of 4,200 shares, the days-to-cover ratio is currently 1.8 days.
Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 Trading Up 0.9 %
Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 stock opened at $26.79 on Friday. The stock has a fifty day moving average price of $25.85 and a two-hundred day moving average price of $25.60. Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 has a 52-week low of $24.26 and a 52-week high of $27.39.
Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, August 15th. Investors of record on Wednesday, August 14th were issued a dividend of $0.6172 per share. This represents a $2.47 annualized dividend and a yield of 9.22%. The ex-dividend date of this dividend was Wednesday, August 14th.
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