Short Interest in B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) Declines By 35.3%

B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) saw a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 3,959 shares, a decline of 35.3% from the April 15th total of 6,123 shares. Based on an average trading volume of 54,312 shares, the days-to-cover ratio is currently 0.1 days.

B. Riley Financial, Inc. – 6.50 Trading Up 0.0%

Shares of NASDAQ:RILYN traded up $0.01 during mid-day trading on Monday, reaching $24.83. 17,489 shares of the company traded hands, compared to its average volume of 37,313. B. Riley Financial, Inc. – 6.50 has a 52 week low of $8.11 and a 52 week high of $24.95. The company’s 50 day moving average price is $24.20 and its 200-day moving average price is $22.41.

B. Riley Financial, Inc. – 6.50 Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be paid a $0.4063 dividend. This represents a $1.63 annualized dividend and a yield of 6.5%. The ex-dividend date is Wednesday, July 15th.

About B. Riley Financial, Inc. – 6.50

B. Riley Financial, Inc (NASDAQ: RILYN) is a diversified financial services firm that offers an integrated suite of advisory, investment, and restructuring solutions. Founded in 1997 and headquartered in Los Angeles, the company provides services across several key segments, including investment banking and capital markets, asset management, auction and liquidation, valuation and appraisal, restructuring and advisory, and merchant capital. Its broad platform enables clients to access tailored financing, strategic guidance and execution support across both public and private markets.

In its investment banking and capital markets business, B.