Short Interest in B. Riley Financial, Inc. (NASDAQ:RILYP) Decreases By 61.6%

B. Riley Financial, Inc. (NASDAQ:RILYP) saw a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 2,666 shares, a drop of 61.6% from the February 26th total of 6,938 shares. Based on an average daily trading volume, of 27,944 shares, the days-to-cover ratio is presently 0.1 days.

B. Riley Financial Price Performance

NASDAQ RILYP traded up $0.56 during trading on Thursday, hitting $12.01. The company’s stock had a trading volume of 6,161 shares, compared to its average volume of 27,582. B. Riley Financial has a fifty-two week low of $1.73 and a fifty-two week high of $14.50. The business’s 50 day simple moving average is $10.23 and its 200-day simple moving average is $7.14.

About B. Riley Financial

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.