B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) Short Interest Down 78.9% in January

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) saw a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 3,393 shares, a decline of 78.9% from the December 31st total of 16,073 shares. Based on an average trading volume of 45,226 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 45,226 shares, the days-to-cover ratio is currently 0.1 days.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Price Performance

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 stock traded up $0.09 during mid-day trading on Wednesday, hitting $17.29. The stock had a trading volume of 24,220 shares, compared to its average volume of 54,825. The stock has a 50-day simple moving average of $14.25 and a two-hundred day simple moving average of $13.63. B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 has a 12 month low of $5.05 and a 12 month high of $19.69.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Saturday, January 31st. Stockholders of record on Thursday, January 15th will be given a dividend of $0.375 per share. The ex-dividend date is Thursday, January 15th. This represents a $1.50 annualized dividend and a dividend yield of 8.7%.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Company Profile

B. Riley Financial, Inc 6.00% Senior Notes Due 2028 (NASDAQ: RILYT) are unsecured, senior obligations of B. Riley Financial, Inc, a diversified financial services holding company. The notes bear interest at an annual rate of 6.00%, payable semi-annually, and mature in August 2028. As senior unsecured debt, these notes rank equally with other unsecured obligations of the company and are structurally subordinated to any secured debt.

B. Riley Financial, Inc provides a broad suite of services including investment banking, financial advisory, wealth management, merchant banking, and asset management.