B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) Short Interest Up 130.9% in February

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYTGet Free Report) saw a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 7,332 shares, an increase of 130.9% from the February 12th total of 3,176 shares. Based on an average trading volume of 14,380 shares, the days-to-cover ratio is presently 0.5 days. Based on an average trading volume of 14,380 shares, the days-to-cover ratio is presently 0.5 days.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Stock Down 1.8%

Shares of NASDAQ:RILYT opened at $17.40 on Thursday. B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 has a 1-year low of $5.05 and a 1-year high of $19.69. The firm’s 50 day simple moving average is $17.08 and its two-hundred day simple moving average is $14.73.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Saturday, January 31st. Shareholders of record on Thursday, January 15th were issued a dividend of $0.375 per share. The ex-dividend date of this dividend was Thursday, January 15th. This represents a $1.50 dividend on an annualized basis and a yield of 8.6%.

Institutional Trading of B. Riley Financial, Inc. 6.00% Senior Notes Due 2028

A hedge fund recently bought a new stake in B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 stock. NBC Securities Inc. purchased a new position in B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYTFree Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 2,000 shares of the company’s stock, valued at approximately $28,000.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Company Profile

(Get Free Report)

B. Riley Financial, Inc 6.00% Senior Notes Due 2028 (NASDAQ: RILYT) are unsecured, senior obligations of B. Riley Financial, Inc, a diversified financial services holding company. The notes bear interest at an annual rate of 6.00%, payable semi-annually, and mature in August 2028. As senior unsecured debt, these notes rank equally with other unsecured obligations of the company and are structurally subordinated to any secured debt.

B. Riley Financial, Inc provides a broad suite of services including investment banking, financial advisory, wealth management, merchant banking, and asset management.

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