B. Riley Financial, Inc. (NASDAQ:RILYL – Get Free Report) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 4,700 shares, a growth of 20.5% from the March 31st total of 3,900 shares. Based on an average daily volume of 9,800 shares, the days-to-cover ratio is presently 0.5 days.
B. Riley Financial Stock Up 2.7 %
NASDAQ:RILYL opened at $21.66 on Wednesday. B. Riley Financial has a twelve month low of $14.26 and a twelve month high of $25.00. The business has a 50 day moving average price of $18.02 and a two-hundred day moving average price of $19.48.
B. Riley Financial Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Monday, April 22nd were given a dividend of $0.4609 per share. This represents a $1.84 dividend on an annualized basis and a yield of 8.51%. The ex-dividend date was Friday, April 19th.
About B. Riley Financial
B. Riley Financial, Inc, through its subsidiaries, provides financial services to corporate, institutional, and high net worth clients in North America, Australia, the Asia Pacific, and Europe. The company operates through six segments: Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer.
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