B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) Short Interest Down 58.2% in June

B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) saw a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 782 shares, a decline of 58.2% from the May 31st total of 1,871 shares. Based on an average daily volume of 18,226 shares, the short-interest ratio is currently 0.0 days.

B. Riley Financial, Inc. – 6.50 Stock Performance

Shares of RILYN stock traded up $0.02 during trading hours on Wednesday, hitting $24.94. 12,581 shares of the company were exchanged, compared to its average volume of 34,589. B. Riley Financial, Inc. – 6.50 has a one year low of $13.45 and a one year high of $25.05. The business’s 50-day simple moving average is $24.84 and its two-hundred day simple moving average is $23.65.

B. Riley Financial, Inc. – 6.50 Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be issued a dividend of $0.4063 per share. This represents a $1.62 dividend on an annualized basis and a yield of 6.5%. The ex-dividend date of this dividend is Wednesday, July 15th.

B. Riley Financial, Inc. – 6.50 Company Profile

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.