Abacus Global Management, Inc.
Market Cap
850M
Short interest (May 15)
6.2%
Net Short (Jun 03 ): 0.0%
Borrow Fee
0.72%
↓ 0.1%
Available Shares
500K
↑ 13.7%
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Company Overview
Abacus Global Management Inc is a financial services company specializing in alternative asset management, data-driven wealth solutions, technology innovations, and institutional services. The company operates through four distinct yet complementary divisions: Abacus Life Solutions, Abacus Asset Group, Abacus Intel, and Abacus Wealth Advisors. It operates through three reportable segments, Asset management, Life solutions, and Technology services. It derives the majority revenue from Life solutions segment that generates revenues by buying, selling, and trading policies, and maintaining policies until receipt of death benefits. It also generates revenue by originating life insurance policy settlements between investors or buyers, and the sellers, who is often the original policy owner.
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