B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) Short Interest Update

B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) was the target of a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 138,700 shares, a decrease of 18.3% from the March 31st total of 169,800 shares. Based on an average trading volume of 44,100 shares, the short-interest ratio is presently 3.1 days.

B. Riley Financial, Inc. – 6.50 Stock Performance

Shares of RILYN traded up $0.20 on Monday, reaching $21.10. The stock had a trading volume of 38,406 shares, compared to its average volume of 43,085. The firm has a 50-day moving average of $17.71 and a 200 day moving average of $18.14. B. Riley Financial, Inc. – 6.50 has a twelve month low of $13.69 and a twelve month high of $22.79.

B. Riley Financial, Inc. – 6.50 Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Monday, April 15th will be issued a $0.4063 dividend. This represents a $1.63 dividend on an annualized basis and a dividend yield of 7.70%. The ex-dividend date is Friday, April 12th.

Institutional Investors Weigh In On B. Riley Financial, Inc. – 6.50

A hedge fund recently bought a new stake in B. Riley Financial, Inc. – 6.50 stock. Archer Investment Corp bought a new stake in B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 4,000 shares of the company’s stock, valued at approximately $69,000.

About B. Riley Financial, Inc. – 6.50

b. riley financial, inc. is a publicly traded, diversified financial services company which takes a collaborative approach to the capital raising and financial advisory needs of public and private companies and high net worth individuals. the company operates through several wholly-owned subsidiaries, including b.