B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 (NASDAQ:RILYK) Sees Large Drop in Short Interest

B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 (NASDAQ:RILYK) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totalling 127,300 shares, a decrease of 13.7% from the August 31st total of 147,500 shares. Based on an average daily volume of 50,200 shares, the days-to-cover ratio is presently 2.5 days.

B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 Stock Up 1.1 %

RILYK opened at $17.20 on Monday. The company has a 50 day moving average of $17.29 and a 200 day moving average of $19.52. B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 has a 12 month low of $9.00 and a 12 month high of $22.80.

B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 31st. Investors of record on Monday, July 15th were issued a dividend of $0.3438 per share. The ex-dividend date was Monday, July 15th. This represents a $1.38 dividend on an annualized basis and a yield of 7.99%.

Institutional Trading of B. Riley Financial, Inc. 5.50% Senior Notes Due 2026

A hedge fund recently bought a new stake in B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 stock. Thompson Investment Management Inc. purchased a new position in B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 (NASDAQ:RILYK) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,000 shares of the company’s stock, valued at approximately $57,000.

About B. Riley Financial, Inc. 5.50% Senior Notes Due 2026

b. riley financial, inc. is a publicly traded, diversified financial services company which takes a collaborative approach to the capital raising and financial advisory needs of public and private companies and high net worth individuals. the company operates through several wholly-owned subsidiaries, including b.