B. Riley Financial, Inc. (NASDAQ:RILYL – Get Free Report) was the target of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 956 shares, a decrease of 42.3% from the September 30th total of 1,657 shares. Based on an average daily trading volume, of 8,520 shares, the days-to-cover ratio is presently 0.1 days.
B. Riley Financial Price Performance
Shares of NASDAQ:RILYL traded down $0.03 during mid-day trading on Friday, reaching $8.44. 3,468 shares of the company’s stock were exchanged, compared to its average volume of 10,612. The business’s fifty day moving average price is $11.06 and its 200-day moving average price is $12.67. B. Riley Financial has a twelve month low of $3.09 and a twelve month high of $18.08.
About B. Riley Financial
B. Riley Financial, Inc is a diversified financial services holding company that provides investment banking, institutional brokerage, wealth management, asset management, valuation, and corporate financial services. Its businesses serve public and private companies, institutional investors, high-net-worth individuals, and other clients.
Through B. Riley Securities, the company offers investment banking and capital-markets services, including mergers and acquisitions advice, public and private securities offerings, equity and fixed-income trading, and institutional research.
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