B. Riley Financial, Inc. (NASDAQ:RILYP) Short Interest Down 20.7% in February

by · The Cerbat Gem

B. Riley Financial, Inc. (NASDAQ:RILYP – Get Free Report) was the target of a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 6,938 shares, a decrease of 20.7% from the February 12th total of 8,746 shares. Based on an average daily trading volume, of 7,247 shares, the short-interest ratio is presently 1.0 days. Based on an average daily trading volume, of 7,247 shares, the short-interest ratio is presently 1.0 days.

B. Riley Financial Stock Performance

RILYP traded down $0.41 during trading on Friday, hitting $9.06. The stock had a trading volume of 78,782 shares, compared to its average volume of 29,157. B. Riley Financial has a 12 month low of $1.73 and a 12 month high of $14.50. The company has a 50 day simple moving average of $9.77 and a 200-day simple moving average of $6.91.

B. Riley Financial Company Profile

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B. Riley Financial is a diversified financial services holding company headquartered in Los Angeles, California. The firm offers a broad suite of services designed to support corporate, institutional and private clients across the full spectrum of capital markets and advisory needs. Its core business activities encompass investment banking, asset management, valuation and appraisal services, turnaround and restructuring advisory, liquidation and auction services, and various financing solutions.

Since its founding in 1997 by Chairman and Chief Executive Officer Bryant Riley, B.

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