B. Riley Financial, Inc. (NASDAQ:RILYP) Short Interest Update

B. Riley Financial, Inc. (NASDAQ:RILYP) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totalling 9,200 shares, an increase of 22.7% from the June 30th total of 7,500 shares. Based on an average daily trading volume, of 12,500 shares, the days-to-cover ratio is currently 0.7 days.

B. Riley Financial Stock Up 2.8 %

Shares of RILYP stock traded up $0.51 during trading hours on Friday, reaching $18.89. The stock had a trading volume of 1,067 shares, compared to its average volume of 15,960. The firm has a 50-day simple moving average of $18.99 and a 200-day simple moving average of $17.56. B. Riley Financial has a twelve month low of $12.25 and a twelve month high of $22.37.

B. Riley Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Monday, July 22nd will be issued a dividend of $0.4297 per share. The ex-dividend date is Monday, July 22nd. This represents a $1.72 dividend on an annualized basis and a dividend yield of 9.10%.

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.