Short Interest in B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) Drops By 67.1%

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) was the recipient of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 4,289 shares, a decrease of 67.1% from the May 14th total of 13,025 shares. Based on an average daily volume of 12,494 shares, the short-interest ratio is presently 0.3 days.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Stock Up 0.2%

Shares of NASDAQ RILYG opened at $24.33 on Thursday. B. Riley Financial, Inc. 5.00% Senior Notes due 2026 has a 1-year low of $10.85 and a 1-year high of $24.75. The company has a fifty day moving average price of $23.92 and a 200 day moving average price of $22.12.

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

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be paid a $0.3125 dividend. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $1.25 dividend on an annualized basis and a yield of 5.1%.

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

The B. Riley Financial, Inc 5.00% Senior Notes due 2026 are unsecured senior notes issued by B. Riley Financial, Inc, a diversified financial services holding company. The notes bear interest at a fixed rate of 5.00% per annum, payable semi-annually in arrears, and are scheduled to mature on September 15, 2026. As senior obligations, they rank equally with all of the company’s existing and future senior unsecured debt and are guaranteed by certain of its domestic subsidiaries.

B. Riley Financial, Inc provides a broad range of advisory and financing services to corporate and individual clients.