Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 (NASDAQ:ABLLL) Sees Large Growth in Short Interest

Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 (NASDAQ:ABLLLGet Free Report) was the target of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 4,200 shares, an increase of 180.0% from the March 31st total of 1,500 shares. Based on an average daily volume of 5,500 shares, the days-to-cover ratio is presently 0.8 days.

Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 Trading Down 0.2 %

Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 stock opened at $25.39 on Friday. The company’s 50-day moving average price is $25.26. 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 business also recently disclosed a — dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Tuesday, May 14th will be issued a $0.6172 dividend. The ex-dividend date of this dividend is Monday, May 13th.

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