B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) Short Interest Down 71.1% in December

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) was the target of a large decrease in short interest in the month of December. As of December 31st, there was short interest totaling 5,640 shares, a decrease of 71.1% from the December 15th total of 19,505 shares. Based on an average daily trading volume, of 33,884 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 33,884 shares, the days-to-cover ratio is currently 0.2 days.

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

NASDAQ RILYG opened at $21.66 on Tuesday. The stock’s 50 day simple moving average is $18.55 and its 200-day simple moving average is $18.36. B. Riley Financial, Inc. 5.00% Senior Notes due 2026 has a 1-year low of $6.12 and a 1-year high of $21.65.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, January 31st. Investors of record on Thursday, January 15th will be given a $0.3125 dividend. This represents a $1.25 annualized dividend and a yield of 5.8%. The ex-dividend date is Thursday, January 15th.

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

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.