B. Riley Financial, Inc. (NASDAQ:RILYP) Sees Large Increase in Short Interest

B. Riley Financial, Inc. (NASDAQ:RILYP) saw a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 5,300 shares, an increase of 51.4% from the January 31st total of 3,500 shares. Based on an average daily trading volume, of 17,500 shares, the short-interest ratio is presently 0.3 days.

B. Riley Financial Stock Down 9.1 %

RILYP stock traded down $0.53 on Tuesday, hitting $5.29. The company’s stock had a trading volume of 7,976 shares, compared to its average volume of 24,919. B. Riley Financial has a 1 year low of $3.28 and a 1 year high of $20.49. The firm has a 50 day moving average of $5.65 and a two-hundred day moving average of $7.22.

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.