B. Riley Financial, Inc. (NASDAQ:RILYL – Get Free Report) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totalling 5,200 shares, an increase of 333.3% from the June 15th total of 1,200 shares. Based on an average trading volume of 4,000 shares, the days-to-cover ratio is currently 1.3 days.
B. Riley Financial Trading Down 0.2 %
NASDAQ RILYL traded down $0.04 on Thursday, hitting $22.00. The company’s stock had a trading volume of 1,751 shares, compared to its average volume of 7,835. B. Riley Financial has a 1-year low of $14.26 and a 1-year high of $25.00. The company’s 50-day moving average is $21.59 and its 200 day moving average is $19.91.
B. Riley Financial Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Monday, July 22nd will be given a $0.4609 dividend. This represents a $1.84 annualized dividend and a yield of 8.38%. The ex-dividend date is Monday, July 22nd.
B. Riley Financial Company Profile
B. Riley Financial, Inc, through its subsidiaries, provides financial services to corporate, institutional, and high net worth clients in North America, Australia, the Asia Pacific, and Europe. The company operates through six segments: Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer.
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