B. Riley Financial, Inc. (NASDAQ:RILYL – Get Free Report) was the target of a large decrease in short interest in September. As of September 30th, there was short interest totaling 1,657 shares, a decrease of 54.6% from the September 15th total of 3,646 shares. Based on an average daily volume of 8,170 shares, the days-to-cover ratio is currently 0.2 days.
B. Riley Financial Stock Performance
Shares of RILYL stock traded down $0.30 during trading hours on Tuesday, hitting $9.40. 2,572 shares of the company were exchanged, compared to its average volume of 10,876. B. Riley Financial has a one year low of $3.09 and a one year high of $18.08. The business’s 50-day simple moving average is $12.54 and its two-hundred day simple moving average is $13.81.
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.
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