Short Interest in B. Riley Financial, Inc. (NASDAQ:RILYL) Declines By 23.1%

B. Riley Financial, Inc. (NASDAQ:RILYL) saw a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 8,288 shares, a drop of 23.1% from the January 15th total of 10,773 shares. Based on an average daily volume of 13,618 shares, the short-interest ratio is presently 0.6 days. Based on an average daily volume of 13,618 shares, the short-interest ratio is presently 0.6 days.

B. Riley Financial Price Performance

B. Riley Financial stock traded down $0.03 during midday trading on Monday, reaching $10.51. The stock had a trading volume of 3,416 shares, compared to its average volume of 17,537. The stock’s 50-day simple moving average is $8.10 and its 200 day simple moving average is $6.69. B. Riley Financial has a twelve month low of $1.77 and a twelve month high of $14.80.

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.