B. Riley Financial, Inc. (NASDAQ:RILYP – Get Free Report) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 12,773 shares, a growth of 367.2% from the April 30th total of 2,734 shares. Based on an average daily volume of 26,623 shares, the days-to-cover ratio is currently 0.5 days.
B. Riley Financial Trading Down 0.7%
NASDAQ RILYP opened at $16.80 on Friday. The stock has a 50-day simple moving average of $13.03 and a 200 day simple moving average of $9.46. B. Riley Financial has a 12 month low of $1.73 and a 12 month high of $17.47.
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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