B. Riley Financial, Inc. (NASDAQ:RILYP – Get Free Report) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 8,365 shares, a decline of 44.1% from the May 31st total of 14,960 shares. Based on an average daily trading volume, of 11,711 shares, the days-to-cover ratio is currently 0.7 days.
B. Riley Financial Stock Performance
Shares of RILYP opened at $14.14 on Friday. B. Riley Financial has a 52 week low of $2.02 and a 52 week high of $17.52. The stock’s 50-day moving average price is $15.28 and its 200-day moving average price is $11.48.
B. Riley Financial Company Profile
B. Riley Financial is a diversified financial services holding company headquartered in Los Angeles, California. The firm offers a broad suite of services designed to support corporate, institutional and private clients across the full spectrum of capital markets and advisory needs. Its core business activities encompass investment banking, asset management, valuation and appraisal services, turnaround and restructuring advisory, liquidation and auction services, and various financing solutions.
Since its founding in 1997 by Chairman and Chief Executive Officer Bryant Riley, B.
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