B. Riley Financial, Inc. (NASDAQ:RILYL – Get Free Report) was the recipient of a significant increase in short interest in October. As of October 30th, there was short interest totaling 2,891 shares, an increase of 202.4% from the October 15th total of 956 shares. Based on an average daily volume of 5,238 shares, the days-to-cover ratio is presently 0.6 days.
B. Riley Financial Trading Down 0.6%
Shares of B. Riley Financial stock traded down $0.04 on Friday, reaching $6.47. 7,775 shares of the company were exchanged, compared to its average volume of 10,296. B. Riley Financial has a one year low of $3.09 and a one year high of $18.08. The company has a 50-day moving average of $9.80 and a 200 day moving average of $12.44.
B. Riley Financial Company Profile
B. Riley Financial, Inc. is a diversified financial services company that serves businesses, institutional investors, and individuals. Founded in 1997 as a securities brokerage, the company has expanded its services over time through organic growth and acquisitions. Its businesses provide investment banking and capital markets services, institutional and retail brokerage, and wealth management. The company also offers financial and operational consulting, valuation, and auction and liquidation services, including support for companies undergoing restructuring or other complex transitions.
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