B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) Sees Large Increase in Short Interest

B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totaling 8,860 shares, an increase of 92.4% from the June 30th total of 4,605 shares. Based on an average trading volume of 14,992 shares, the days-to-cover ratio is presently 0.6 days.

B. Riley Financial, Inc. – 6.50 Stock Performance

NASDAQ:RILYN opened at $24.88 on Friday. The company has a 50-day moving average of $24.92 and a 200-day moving average of $24.25. B. Riley Financial, Inc. – 6.50 has a twelve month low of $17.40 and a twelve month high of $25.07.

B. Riley Financial, Inc. – 6.50 Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be issued a $0.4063 dividend. This represents a $1.62 annualized dividend and a dividend yield of 6.5%. 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.