B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) Short Interest Update

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totaling 44,541 shares, a growth of 36.5% from the November 30th total of 32,620 shares. Based on an average daily trading volume, of 25,233 shares, the days-to-cover ratio is presently 1.8 days. Based on an average daily trading volume, of 25,233 shares, the days-to-cover ratio is presently 1.8 days.

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

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 stock traded down $0.13 during mid-day trading on Tuesday, reaching $14.32. The company’s stock had a trading volume of 23,155 shares, compared to its average volume of 26,328. B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 has a twelve month low of $5.05 and a twelve month high of $15.59. The business has a 50 day moving average price of $12.78 and a 200-day moving average price of $12.38.

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

The company also recently announced a quarterly dividend, which will be paid on Saturday, January 31st. Investors of record on Thursday, January 15th will be issued a dividend of $0.375 per share. The ex-dividend date of this dividend is Thursday, January 15th. This represents a $1.50 annualized dividend and a yield of 10.5%.

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.