B. Riley Financial, Inc. (NASDAQ:RILYL – Get Free Report) was the target of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 1,107 shares, a decrease of 72.3% from the June 30th total of 3,993 shares. Based on an average trading volume of 4,531 shares, the short-interest ratio is currently 0.2 days.
B. Riley Financial Trading Down 3.4%
B. Riley Financial stock traded down $0.47 during mid-day trading on Monday, hitting $13.33. 6,359 shares of the company’s stock traded hands, compared to its average volume of 12,285. The firm has a 50 day simple moving average of $15.69 and a two-hundred day simple moving average of $13.00. B. Riley Financial has a fifty-two week low of $3.09 and a fifty-two week high of $18.08.
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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