B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 (NASDAQ:RILYK) Sees Significant Drop in Short Interest

Posted by MarketBeat News on Sep 28th, 2024

B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 (NASDAQ:RILYK – Get Free Report) saw a large drop in short interest during the month of September. As of September 15th, there was short interest totalling 127,300 shares, a drop of 13.7% from the August 31st total of 147,500 shares. Based on an average daily trading volume, of 50,200 shares, the short-interest ratio is presently 2.5 days.

Institutional Investors Weigh In On B. Riley Financial, Inc. 5.50% Senior Notes Due 2026

An institutional investor recently bought a new position in B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 stock. Thompson Investment Management Inc. acquired a new position in shares of B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 (NASDAQ:RILYK – Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 3,000 shares of the company’s stock, valued at approximately $57,000.

B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 Stock Up 1.1 %

NASDAQ RILYK opened at $17.20 on Friday. B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 has a one year low of $9.00 and a one year high of $22.80. The company has a 50-day simple moving average of $17.37 and a 200-day simple moving average of $19.54.

B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 Dividend Announcement

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The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 31st. Investors of record on Monday, July 15th were paid a dividend of $0.3438 per share. The ex-dividend date of this dividend was Monday, July 15th. This represents a $1.38 dividend on an annualized basis and a yield of 7.99%.

B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 Company Profile

(Get Free Report)

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.