Short Interest in B. Riley Financial, Inc. (NASDAQ:RILYL) Drops By 23.1%

B. Riley Financial, Inc. (NASDAQ:RILYL) was the target of a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 8,288 shares, a decrease of 23.1% from the January 15th total of 10,773 shares. Based on an average trading volume of 13,618 shares, the short-interest ratio is currently 0.6 days. Based on an average trading volume of 13,618 shares, the short-interest ratio is currently 0.6 days.

B. Riley Financial Stock Down 0.3%

Shares of NASDAQ RILYL traded down $0.03 during midday trading on Friday, reaching $10.51. The stock had a trading volume of 3,416 shares, compared to its average volume of 17,537. The company’s 50 day moving average price is $8.10 and its 200 day moving average price is $6.69. B. Riley Financial has a twelve month low of $1.77 and a twelve month high of $14.80.

About B. Riley Financial

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.