Short Interest in B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) Grows By 28.1%

B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) was the recipient of a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 6,123 shares, an increase of 28.1% from the March 31st total of 4,778 shares. Based on an average trading volume of 23,340 shares, the short-interest ratio is presently 0.3 days.

B. Riley Financial, Inc. – 6.50 Stock Performance

NASDAQ:RILYN traded up $0.02 on Thursday, hitting $24.82. 140,335 shares of the stock were exchanged, compared to its average volume of 36,273. The stock has a fifty day moving average of $23.87 and a 200-day moving average of $22.05. B. Riley Financial, Inc. – 6.50 has a fifty-two week low of $7.98 and a fifty-two week high of $24.88.

B. Riley Financial, Inc. – 6.50 Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be given a dividend of $0.4063 per share. This represents a $1.63 dividend on an annualized basis and a yield of 6.5%. The ex-dividend date of this dividend is Wednesday, July 15th.

About B. Riley Financial, Inc. – 6.50

B. Riley Financial, Inc (NASDAQ: RILYN) is a diversified financial services firm that offers an integrated suite of advisory, investment, and restructuring solutions. Founded in 1997 and headquartered in Los Angeles, the company provides services across several key segments, including investment banking and capital markets, asset management, auction and liquidation, valuation and appraisal, restructuring and advisory, and merchant capital. Its broad platform enables clients to access tailored financing, strategic guidance and execution support across both public and private markets.

In its investment banking and capital markets business, B.