B. Riley Financial, Inc. 5.25% Senior Notes due 2028 (NASDAQ:RILYZ) Stock Short Interest Falls 99.0%

B. Riley Financial, Inc. 5.25% Senior Notes due 2028 (NASDAQ:RILYZ – Get Free Report) was the target of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 6,626 shares, a drop of 99.0% from the September 15th total of 695,733 shares. Based on an average trading volume of 87,496 shares, the days-to-cover ratio is presently 0.1 days.

B. Riley Financial, Inc. 5.25% Senior Notes due 2028 Stock Down 0.4%

NASDAQ:RILYZ traded down $0.08 during trading hours on Friday, hitting $18.85. The stock had a trading volume of 34,453 shares, compared to its average volume of 45,992. The business’s 50 day moving average is $19.90 and its 200-day moving average is $18.95. B. Riley Financial, Inc. 5.25% Senior Notes due 2028 has a one year low of $8.65 and a one year high of $21.10.

B. Riley Financial, Inc. 5.25% Senior Notes due 2028 Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, October 31st. Investors of record on Thursday, October 15th will be paid a dividend of $0.3281 per share. This represents a $1.31 annualized dividend and a yield of 7.0%. The ex-dividend date of this dividend is Thursday, October 15th.

About B. Riley Financial, Inc. 5.25% Senior Notes due 2028

(Get Free Report)

B. Riley Financial, Inc is a diversified financial services company that provides investment banking, institutional brokerage, wealth management, asset management and financial advisory services. Its clients include public and private companies, institutional investors, financial sponsors, high-net-worth individuals and other organizations.

The company also offers valuation, appraisal, liquidation, auction and restructuring services through its operating businesses. These capabilities support companies, lenders and investors in situations involving mergers and acquisitions, capital raising, corporate restructuring, asset disposition and the evaluation of businesses and their assets.

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