B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) Sees Large Increase in Short Interest

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) was the target of a significant growth in short interest in January. As of January 30th, there was short interest totaling 9,383 shares, a growth of 271.8% from the January 15th total of 2,524 shares. Based on an average daily volume of 38,641 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 38,641 shares, the short-interest ratio is presently 0.2 days.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Trading Down 0.3%

Shares of B. Riley Financial, Inc. 5.00% Senior Notes due 2026 stock opened at $22.88 on Wednesday. The business’s 50 day moving average price is $20.71 and its 200 day moving average price is $19.45. B. Riley Financial, Inc. 5.00% Senior Notes due 2026 has a one year low of $6.12 and a one year high of $23.65.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Saturday, January 31st. Stockholders of record on Thursday, January 15th were issued a dividend of $0.3125 per share. This represents a $1.25 annualized dividend and a dividend yield of 5.5%. The ex-dividend date was Thursday, January 15th.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Company Profile

The B. Riley Financial, Inc 5.00% Senior Notes due 2026 are unsecured senior notes issued by B. Riley Financial, Inc, a diversified financial services holding company. The notes bear interest at a fixed rate of 5.00% per annum, payable semi-annually in arrears, and are scheduled to mature on September 15, 2026. As senior obligations, they rank equally with all of the company’s existing and future senior unsecured debt and are guaranteed by certain of its domestic subsidiaries.

B. Riley Financial, Inc provides a broad range of advisory and financing services to corporate and individual clients.