B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) Short Interest Up 222.9% in June

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) was the target of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 14,086 shares, a growth of 222.9% from the June 15th total of 4,362 shares. Based on an average daily volume of 20,104 shares, the days-to-cover ratio is currently 0.7 days.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Stock Up 0.1%

Shares of B. Riley Financial, Inc. 5.00% Senior Notes due 2026 stock opened at $24.45 on Monday. The business has a 50-day simple moving average of $24.35 and a 200 day simple moving average of $23.13. B. Riley Financial, Inc. 5.00% Senior Notes due 2026 has a one year low of $15.42 and a one year high of $24.75.

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

The firm also recently announced a quarterly dividend, which will be paid on Saturday, October 31st. Stockholders of record on Thursday, October 15th will be given a dividend of $0.3125 per share. The ex-dividend date of this dividend is Thursday, October 15th. This represents a $1.25 annualized dividend and a dividend yield of 5.1%.

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

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.