B. Riley Financial, Inc. (NASDAQ:RILYP – Get Free Report) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 3,360 shares, a decrease of 34.2% from the August 15th total of 5,110 shares. Based on an average daily volume of 9,629 shares, the short-interest ratio is currently 0.3 days.
B. Riley Financial Stock Up 0.6%
B. Riley Financial stock opened at $12.30 on Friday. B. Riley Financial has a 52 week low of $3.25 and a 52 week high of $17.52. The stock has a 50-day moving average price of $13.08 and a 200 day moving average price of $13.33.
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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