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) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 2,299 shares, an increase of 123.2% from the August 31st total of 1,030 shares. Based on an average daily volume of 16,006 shares, the short-interest ratio is presently 0.1 days.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Trading Up 5.9%

RILYT traded up $1.21 during midday trading on Tuesday, reaching $21.70. 65,530 shares of the company’s stock traded hands, compared to its average volume of 27,634. B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 has a 52 week low of $10.35 and a 52 week high of $22.20. The firm has a fifty day moving average of $21.13 and a two-hundred day moving average of $20.22.

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

The firm also recently announced a quarterly dividend, which will be paid on Saturday, October 31st. Stockholders of record on Thursday, October 15th will be paid a dividend of $0.3750 per share. The ex-dividend date of this dividend is Thursday, October 15th. This represents a $1.50 annualized dividend and a dividend yield of 6.9%.

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

B. Riley Financial, Inc is a diversified financial services holding company that provides investment banking, institutional brokerage, wealth management, asset management, and business advisory services. Through its operating subsidiaries, the company serves corporations, institutional investors, private equity firms, entrepreneurs, and high-net-worth individuals.

Its businesses include B. Riley Securities, which offers investment banking, equity and fixed-income research, institutional sales and trading, and capital-raising services; B.