B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) Sees Large Growth in Short Interest

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 6,795 shares, a growth of 63.8% from the August 31st total of 4,148 shares. Based on an average trading volume of 8,940 shares, the short-interest ratio is currently 0.8 days.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Stock Performance

NASDAQ RILYG traded up $0.05 on Thursday, hitting $24.79. The stock had a trading volume of 41,160 shares, compared to its average volume of 21,204. The firm has a 50-day moving average of $24.64 and a 200-day moving average of $24.17. B. Riley Financial, Inc. 5.00% Senior Notes due 2026 has a 52-week low of $15.42 and a 52-week high of $24.86.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Saturday, October 31st. Stockholders of record on Thursday, October 15th will be issued a $0.3125 dividend. The ex-dividend date of this dividend is Thursday, October 15th. This represents a $1.25 annualized dividend and a dividend yield of 5.0%.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Company Profile

B. Riley Financial, Inc is a diversified financial services company that provides investment banking, capital markets, institutional brokerage, and wealth management services. Its offerings are designed to support companies, institutional investors, entrepreneurs, and high-net-worth individuals with financing, advisory, securities, and investment needs.

The company also operates businesses focused on asset management, valuation and appraisal, corporate restructuring, liquidation and auction services, and principal investments.