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 December. As of December 15th, there was short interest totalling 7,400 shares, a drop of 12.9% from the November 30th total of 8,500 shares. Based on an average daily trading volume, of 6,000 shares, the short-interest ratio is presently 1.2 days.
Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 Trading Up 3.4 %
Shares of NASDAQ:ABLLL traded up $0.98 during trading on Monday, reaching $30.09. The stock had a trading volume of 6,363 shares, compared to its average volume of 5,860. Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 has a 52 week low of $24.68 and a 52 week high of $30.09. The firm’s fifty day moving average is $26.75 and its 200 day moving average is $26.22.
Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Thursday, November 14th were paid a $0.6172 dividend. This represents a $2.47 dividend on an annualized basis and a dividend yield of 8.20%. The ex-dividend date was Thursday, November 14th.
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