B. Riley Financial, Inc. 5.25% Senior Notes due 2028 (NASDAQ:RILYZ) Sees Large Increase in Short Interest

B. Riley Financial, Inc. 5.25% Senior Notes due 2028 (NASDAQ:RILYZ) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totalling 1,650,000 shares, an increase of 25.0% from the August 31st total of 1,320,000 shares. Based on an average daily volume of 212,100 shares, the days-to-cover ratio is presently 7.8 days.

B. Riley Financial, Inc. 5.25% Senior Notes due 2028 Stock Performance

Shares of B. Riley Financial, Inc. 5.25% Senior Notes due 2028 stock traded down $0.11 during trading on Friday, reaching $8.45. The company’s stock had a trading volume of 187,015 shares, compared to its average volume of 137,424. B. Riley Financial, Inc. 5.25% Senior Notes due 2028 has a one year low of $6.16 and a one year high of $18.40. The stock has a 50-day moving average price of $10.83 and a two-hundred day moving average price of $13.82.

B. Riley Financial, Inc. 5.25% Senior Notes due 2028 Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 31st. Shareholders of record on Monday, July 15th were paid a $0.3281 dividend. This represents a $1.31 dividend on an annualized basis and a dividend yield of 15.53%. The ex-dividend date was Monday, July 15th.

About B. Riley Financial, Inc. 5.25% Senior Notes due 2028

b. riley financial, inc. is a publicly traded, diversified financial services company which takes a collaborative approach to the capital raising and financial advisory needs of public and private companies and high net worth individuals. the company operates through several wholly-owned subsidiaries, including b.