Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 (NASDAQ:ABLLL – Get Free Report) was the recipient of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 8,300 shares, an increase of 6.4% from the October 31st total of 7,800 shares. Based on an average daily volume of 3,000 shares, the short-interest ratio is presently 2.8 days.
Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 Price Performance
Shares of Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 stock opened at $26.25 on Tuesday. The business’s 50 day simple moving average is $26.59 and its 200 day simple moving average is $25.99. 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 $27.48.
Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Thursday, November 14th were issued a dividend of $0.6172 per share. This represents a $2.47 annualized dividend and a yield of 9.40%. The ex-dividend date was Thursday, November 14th.
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