B. Riley Financial, Inc. (NASDAQ:RILYP – Get Free Report) saw a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 2,375 shares, a drop of 82.7% from the January 15th total of 13,747 shares. Based on an average daily volume of 29,431 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 29,431 shares, the days-to-cover ratio is currently 0.1 days.
B. Riley Financial Trading Down 1.9%
NASDAQ RILYP traded down $0.20 during trading hours on Tuesday, hitting $10.20. The company’s stock had a trading volume of 6,157 shares, compared to its average volume of 36,143. The stock has a fifty day moving average of $7.26 and a 200 day moving average of $6.34. B. Riley Financial has a twelve month low of $1.73 and a twelve month high of $14.50.
About B. Riley Financial
B. Riley Financial is a diversified financial services holding company headquartered in Los Angeles, California. The firm offers a broad suite of services designed to support corporate, institutional and private clients across the full spectrum of capital markets and advisory needs. Its core business activities encompass investment banking, asset management, valuation and appraisal services, turnaround and restructuring advisory, liquidation and auction services, and various financing solutions.
Since its founding in 1997 by Chairman and Chief Executive Officer Bryant Riley, B.
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