B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) Short Interest Update

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) was the target of a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 5,694 shares, a decrease of 43.6% from the February 26th total of 10,090 shares. Based on an average trading volume of 51,525 shares, the short-interest ratio is currently 0.1 days.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Trading Up 0.4%

Shares of B. Riley Financial, Inc. 5.00% Senior Notes due 2026 stock traded up $0.09 during trading on Friday, hitting $23.02. 11,885 shares of the company’s stock were exchanged, compared to its average volume of 30,518. The business has a 50-day simple moving average of $22.71 and a 200-day simple moving average of $20.25. B. Riley Financial, Inc. 5.00% Senior Notes due 2026 has a 52-week low of $6.12 and a 52-week high of $23.65.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be given a dividend of $0.3125 per share. This represents a $1.25 annualized dividend and a yield of 5.4%. The ex-dividend date of this dividend is Wednesday, July 15th.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Company Profile

The B. Riley Financial, Inc 5.00% Senior Notes due 2026 are unsecured senior notes issued by B. Riley Financial, Inc, a diversified financial services holding company. The notes bear interest at a fixed rate of 5.00% per annum, payable semi-annually in arrears, and are scheduled to mature on September 15, 2026. As senior obligations, they rank equally with all of the company’s existing and future senior unsecured debt and are guaranteed by certain of its domestic subsidiaries.

B. Riley Financial, Inc provides a broad range of advisory and financing services to corporate and individual clients.