B. Riley Financial, Inc. (NASDAQ:RILYL) Sees Significant Drop in Short Interest

B. Riley Financial, Inc. (NASDAQ:RILYLGet Free Report) was the recipient of a large decrease in short interest in July. As of July 15th, there was short interest totaling 1,107 shares, a decrease of 72.3% from the June 30th total of 3,993 shares. Based on an average daily volume of 4,531 shares, the short-interest ratio is presently 0.2 days.

B. Riley Financial Stock Down 0.2%

Shares of RILYL traded down $0.03 during mid-day trading on Friday, hitting $13.82. 1,328 shares of the company’s stock were exchanged, compared to its average volume of 12,328. B. Riley Financial has a 52 week low of $3.09 and a 52 week high of $18.08. The stock’s 50-day simple moving average is $15.69 and its 200-day simple moving average is $12.95.

B. Riley Financial Company Profile

(Get Free Report)

B. Riley Financial, Inc (NASDAQ: RILYL) is a diversified financial services firm that delivers a broad spectrum of advisory, asset management, and capital markets solutions. The company’s capital markets segment provides investment banking, institutional brokerage, equity research, and financing services, helping corporate and institutional clients execute public and private transactions. Its wealth management business offers customized financial planning, portfolio management, retirement strategies, and estate planning for high-net-worth individuals and families.

In its financial advisory & restructuring division, B.

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