B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) Short Interest Up 144.5% in April

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 9,314 shares, an increase of 144.5% from the April 15th total of 3,809 shares. Based on an average daily trading volume, of 34,740 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On B. Riley Financial, Inc. 6.00% Senior Notes Due 2028

An institutional investor recently bought a new position in B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 stock. NBC Securities Inc. acquired a new position in B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 2,000 shares of the company’s stock, valued at approximately $28,000.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Stock Performance

Shares of RILYT stock remained flat at $21.00 during trading hours on Friday. The stock had a trading volume of 19,277 shares, compared to its average volume of 33,303. B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 has a 12-month low of $5.15 and a 12-month high of $21.20. The business’s 50 day moving average is $18.47 and its two-hundred day moving average is $16.11.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be given a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date is Wednesday, July 15th.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Company Profile

B. Riley Financial, Inc 6.00% Senior Notes Due 2028 (NASDAQ: RILYT) are unsecured, senior obligations of B. Riley Financial, Inc, a diversified financial services holding company. The notes bear interest at an annual rate of 6.00%, payable semi-annually, and mature in August 2028. As senior unsecured debt, these notes rank equally with other unsecured obligations of the company and are structurally subordinated to any secured debt.

B. Riley Financial, Inc provides a broad suite of services including investment banking, financial advisory, wealth management, merchant banking, and asset management.