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

B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 (NASDAQ:RILYK) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totaling 9,865 shares, a decrease of 70.0% from the December 15th total of 32,906 shares. Based on an average trading volume of 10,222 shares, the short-interest ratio is presently 1.0 days. Based on an average trading volume of 10,222 shares, the short-interest ratio is presently 1.0 days.

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

B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 stock opened at $24.77 on Tuesday. The company has a 50 day moving average price of $24.29 and a 200-day moving average price of $23.61. B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 has a fifty-two week low of $12.92 and a fifty-two week high of $24.87.

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

The company also recently announced a quarterly dividend, which will be paid on Saturday, January 31st. Shareholders of record on Thursday, January 15th will be given a dividend of $0.3438 per share. The ex-dividend date of this dividend is Thursday, January 15th. This represents a $1.38 dividend on an annualized basis and a yield of 5.6%.

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

B. Riley Financial, Inc is a diversified financial services firm headquartered in Los Angeles, California. The company operates through multiple business lines, including capital markets, financial consulting, wealth management, principal investments and retail liquidation. B. Riley offers corporate clients advisory services such as mergers and acquisitions counsel, equity and debt underwriting, and restructuring guidance, while serving high-net-worth individuals through tailored wealth and investment management solutions.

Within its capital markets segment, B.