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

B. Riley Financial, Inc. (NASDAQ:RILYL) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 3,646 shares, a growth of 147.5% from the August 31st total of 1,473 shares. Based on an average daily trading volume, of 6,359 shares, the short-interest ratio is presently 0.6 days.

B. Riley Financial Trading Down 3.6%

RILYL traded down $0.44 during trading hours on Friday, hitting $11.90. The stock had a trading volume of 11,665 shares, compared to its average volume of 10,994. B. Riley Financial has a 1 year low of $3.09 and a 1 year high of $18.08. The company’s fifty day simple moving average is $13.24 and its 200 day simple moving average is $13.85.

B. Riley Financial Company Profile

B. Riley Financial, Inc is a diversified financial services company that provides investment banking, institutional brokerage, wealth management, asset management and advisory services. Through its operating businesses, the company serves corporate and institutional clients, public and private companies, financial sponsors and individual investors.

Its services include mergers and acquisitions advisory, equity and debt capital markets, securities research and sales and trading, investment management, financial restructuring and valuation.