B. Riley Financial, Inc. (NASDAQ:RILYL – Get Free Report) was the recipient of a significant increase in short interest in May. As of May 15th, there was short interest totaling 11,053 shares, an increase of 73.6% from the April 30th total of 6,366 shares. Based on an average daily trading volume, of 14,658 shares, the days-to-cover ratio is currently 0.8 days.
B. Riley Financial Price Performance
NASDAQ:RILYL traded up $0.22 during mid-day trading on Thursday, hitting $17.25. 4,658 shares of the stock traded hands, compared to its average volume of 13,547. The business’s 50-day moving average price is $14.09 and its 200 day moving average price is $10.29. B. Riley Financial has a 12-month low of $1.77 and a 12-month high of $18.08.
B. Riley Financial Company Profile
B. Riley Financial, Inc (NASDAQ: RILYL) is a diversified financial services firm that delivers a broad spectrum of advisory, asset management, and capital markets solutions. The company’s capital markets segment provides investment banking, institutional brokerage, equity research, and financing services, helping corporate and institutional clients execute public and private transactions. Its wealth management business offers customized financial planning, portfolio management, retirement strategies, and estate planning for high-net-worth individuals and families.
In its financial advisory & restructuring division, B.
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