B. Riley Financial, Inc. (NASDAQ:RILYL – Get Free Report) was the target of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 6,366 shares, a growth of 78.7% from the April 15th total of 3,563 shares. Based on an average trading volume of 8,653 shares, the days-to-cover ratio is presently 0.7 days.
B. Riley Financial Price Performance
Shares of RILYL stock opened at $16.75 on Wednesday. The company’s fifty day simple moving average is $12.74 and its two-hundred day simple moving average is $9.37. B. Riley Financial has a 1 year low of $1.77 and a 1 year high of $17.17.
About B. Riley Financial
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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