Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 (NASDAQ:ABLLL – Get Free Report) was the recipient of a large drop in short interest during 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 volume of 4,200 shares, the days-to-cover ratio is presently 1.8 days.
Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 Stock Performance
Shares of NASDAQ ABLLL opened at $26.55 on Tuesday. The firm’s 50-day simple moving average is $25.87 and its 200 day simple moving average is $25.61. 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.
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 given a $0.6172 dividend. This represents a $2.47 annualized dividend and a yield of 9.30%. The ex-dividend date was Wednesday, August 14th.
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