B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) Short Interest Update
by Renee Jackson · The Cerbat GemB. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN – Get Free Report) was the target of a large decrease in short interest during the month of March. As of March 31st, there was short interest totaling 4,778 shares, a decrease of 61.5% from the March 15th total of 12,396 shares. Based on an average trading volume of 37,248 shares, the days-to-cover ratio is presently 0.1 days.
B. Riley Financial, Inc. – 6.50 Price Performance
NASDAQ RILYN traded up $0.13 during trading on Tuesday, reaching $24.64. The company’s stock had a trading volume of 12,084 shares, compared to its average volume of 32,813. The firm has a fifty day moving average of $23.58 and a 200 day moving average of $21.76. B. Riley Financial, Inc. – 6.50 has a one year low of $7.98 and a one year high of $24.79.
B. Riley Financial, Inc. – 6.50 Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be paid a $0.4063 dividend. This represents a $1.63 dividend on an annualized basis and a yield of 6.6%. The ex-dividend date is Wednesday, July 15th.
About B. Riley Financial, Inc. – 6.50
B. Riley Financial, Inc (NASDAQ: RILYN) is a diversified financial services firm that offers an integrated suite of advisory, investment, and restructuring solutions. Founded in 1997 and headquartered in Los Angeles, the company provides services across several key segments, including investment banking and capital markets, asset management, auction and liquidation, valuation and appraisal, restructuring and advisory, and merchant capital. Its broad platform enables clients to access tailored financing, strategic guidance and execution support across both public and private markets.
In its investment banking and capital markets business, B.