B. Riley Financial, Inc. (NASDAQ:RILYP – Get Free Report) was the recipient of a large drop in short interest in July. As of July 15th, there was short interest totaling 1,513 shares, a drop of 88.2% from the June 30th total of 12,817 shares. Based on an average daily volume of 16,090 shares, the days-to-cover ratio is currently 0.1 days.
B. Riley Financial Stock Up 0.1%
Shares of RILYP traded up $0.02 during midday trading on Friday, reaching $13.42. The stock had a trading volume of 2,593 shares, compared to its average volume of 21,371. The firm’s 50 day moving average price is $15.44 and its 200-day moving average price is $12.44. B. Riley Financial has a 52 week low of $3.25 and a 52 week high of $17.52.
About B. Riley Financial
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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