B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) Short Interest Update

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) saw a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 2,186 shares, a drop of 35.6% from the January 15th total of 3,393 shares. Based on an average daily volume of 54,979 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 54,979 shares, the days-to-cover ratio is presently 0.0 days.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Stock Up 0.5%

Shares of NASDAQ:RILYT traded up $0.08 on Friday, hitting $17.42. The stock had a trading volume of 9,885 shares, compared to its average volume of 39,903. The firm’s 50 day moving average price is $15.71 and its 200-day moving average price is $14.20. B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 has a twelve month low of $5.05 and a twelve month high of $19.69.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Saturday, January 31st. Stockholders of record on Thursday, January 15th were paid a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a dividend yield of 8.6%. The ex-dividend date of this dividend was Thursday, January 15th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 stock. NBC Securities Inc. purchased a new stake in B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 2,000 shares of the company’s stock, valued at approximately $28,000.

About B. Riley Financial, Inc. 6.00% Senior Notes Due 2028

B. Riley Financial, Inc 6.00% Senior Notes Due 2028 (NASDAQ: RILYT) are unsecured, senior obligations of B. Riley Financial, Inc, a diversified financial services holding company. The notes bear interest at an annual rate of 6.00%, payable semi-annually, and mature in August 2028. As senior unsecured debt, these notes rank equally with other unsecured obligations of the company and are structurally subordinated to any secured debt.

B. Riley Financial, Inc provides a broad suite of services including investment banking, financial advisory, wealth management, merchant banking, and asset management.