Short Interest in B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) Rises By 38.0%

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) saw a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 12,948 shares, a growth of 38.0% from the January 29th total of 9,383 shares. Based on an average daily volume of 14,369 shares, the short-interest ratio is currently 0.9 days. Based on an average daily volume of 14,369 shares, the short-interest ratio is currently 0.9 days.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Stock Down 0.5%

Shares of B. Riley Financial, Inc. 5.00% Senior Notes due 2026 stock traded down $0.12 during trading on Tuesday, reaching $22.78. The company’s stock had a trading volume of 7,457 shares, compared to its average volume of 24,323. B. Riley Financial, Inc. 5.00% Senior Notes due 2026 has a 12-month low of $6.12 and a 12-month high of $23.65. The business has a 50 day moving average price of $22.04 and a 200-day moving average price of $19.87.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Saturday, January 31st. Stockholders of record on Thursday, January 15th were paid a dividend of $0.3125 per share. The ex-dividend date of this dividend was Thursday, January 15th. This represents a $1.25 dividend on an annualized basis and a dividend yield of 5.5%.

About B. Riley Financial, Inc. 5.00% Senior Notes due 2026

The B. Riley Financial, Inc 5.00% Senior Notes due 2026 are unsecured senior notes issued by B. Riley Financial, Inc, a diversified financial services holding company. The notes bear interest at a fixed rate of 5.00% per annum, payable semi-annually in arrears, and are scheduled to mature on September 15, 2026. As senior obligations, they rank equally with all of the company’s existing and future senior unsecured debt and are guaranteed by certain of its domestic subsidiaries.

B. Riley Financial, Inc provides a broad range of advisory and financing services to corporate and individual clients.