Short Interest in B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 (NASDAQ:RILYK) Decreases By 48.6%

B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 (NASDAQ:RILYK) was the recipient of a significant drop in short interest in March. As of March 13th, there was short interest totaling 985 shares, a drop of 48.6% from the February 26th total of 1,915 shares. Based on an average daily trading volume, of 26,368 shares, the short-interest ratio is presently 0.0 days.

B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 Price Performance

NASDAQ RILYK opened at $25.19 on Friday. B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 has a 1 year low of $12.92 and a 1 year high of $25.21. The business’s fifty day moving average is $25.00 and its two-hundred day moving average is $24.48.

B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Saturday, January 31st. Stockholders of record on Thursday, January 15th were issued a dividend of $0.3438 per share. This represents a $1.38 annualized dividend and a dividend yield of 5.5%. The ex-dividend date of this dividend was Thursday, January 15th.

B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 Company Profile

B. Riley Financial, Inc is a diversified financial services firm headquartered in Los Angeles, California. The company operates through multiple business lines, including capital markets, financial consulting, wealth management, principal investments and retail liquidation. B. Riley offers corporate clients advisory services such as mergers and acquisitions counsel, equity and debt underwriting, and restructuring guidance, while serving high-net-worth individuals through tailored wealth and investment management solutions.

Within its capital markets segment, B.