B. Riley Financial, Inc. (NASDAQ:RILYL) Sees Large Growth in Short Interest

B. Riley Financial, Inc. (NASDAQ:RILYL) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totaling 1,562 shares, a growth of 201.0% from the November 30th total of 519 shares. Based on an average daily trading volume, of 14,053 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 14,053 shares, the days-to-cover ratio is currently 0.1 days.

B. Riley Financial Stock Performance

Shares of RILYL opened at $5.16 on Friday. The company’s fifty day simple moving average is $5.00 and its 200 day simple moving average is $5.21. B. Riley Financial has a 1-year low of $1.77 and a 1-year high of $9.43.

B. Riley Financial (NASDAQ:RILYL) last announced its quarterly earnings data on Wednesday, February 23rd. The company reported $6.87 earnings per share for the quarter. The company had revenue of $270.05 million for the quarter.

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.