B. Riley Financial, Inc. (NASDAQ:RILYL) Short Interest Down 15.8% in March
by Amy Steele · The Cerbat GemB. Riley Financial, Inc. (NASDAQ:RILYL – Get Free Report) was the target of a significant drop in short interest during the month of March. As of March 31st, there was short interest totaling 6,622 shares, a drop of 15.8% from the March 15th total of 7,862 shares. Based on an average daily volume of 17,718 shares, the days-to-cover ratio is presently 0.4 days.
B. Riley Financial Price Performance
RILYL stock traded down $0.21 during trading on Friday, hitting $12.00. 4,133 shares of the company’s stock traded hands, compared to its average volume of 14,770. B. Riley Financial has a 52 week low of $1.77 and a 52 week high of $14.80. The business has a fifty day simple moving average of $11.21 and a 200 day simple moving average of $8.14.
B. Riley Financial Company Profile
B. Riley Financial, Inc (NASDAQ: RILYL) is a diversified financial services firm that delivers a broad spectrum of advisory, asset management, and capital markets solutions. The company’s capital markets segment provides investment banking, institutional brokerage, equity research, and financing services, helping corporate and institutional clients execute public and private transactions. Its wealth management business offers customized financial planning, portfolio management, retirement strategies, and estate planning for high-net-worth individuals and families.
In its financial advisory & restructuring division, B.