B. Riley Financial, Inc. (NASDAQ:RILYP) Short Interest Down 38.5% in October

Posted by Lauren Steadman on Nov 17th, 2024

B. Riley Financial, Inc. (NASDAQ:RILYP – Get Free Report) saw a significant decline in short interest in October. As of October 31st, there was short interest totalling 31,300 shares, a decline of 38.5% from the October 15th total of 50,900 shares. Based on an average daily volume of 52,100 shares, the days-to-cover ratio is currently 0.6 days.

B. Riley Financial Stock Up 2.3 %

NASDAQ RILYP traded up $0.17 on Friday, hitting $7.59. 18,296 shares of the company were exchanged, compared to its average volume of 26,063. B. Riley Financial has a 1-year low of $3.81 and a 1-year high of $20.49. The firm has a 50 day moving average of $8.31 and a two-hundred day moving average of $13.77.

B. Riley Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Monday, October 28th were given a $0.4297 dividend. This represents a $1.72 annualized dividend and a yield of 22.63%. The ex-dividend date was Monday, October 28th.

About B. Riley Financial

(Get Free Report)

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.