B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) Sees Large Growth in Short Interest

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 2,299 shares, an increase of 123.2% from the August 31st total of 1,030 shares. Based on an average daily volume of 16,006 shares, the short-interest ratio is presently 0.1 days.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Stock Down 1.2%

Shares of NASDAQ:RILYT traded down $0.26 during trading on Friday, hitting $20.47. 12,875 shares of the company were exchanged, compared to its average volume of 27,617. B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 has a 1-year low of $10.35 and a 1-year high of $22.20. The business’s 50 day moving average is $21.12 and its 200-day moving average is $20.19.

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

The firm also recently announced a quarterly dividend, which will be paid on Saturday, October 31st. Shareholders of record on Thursday, October 15th will be issued a dividend of $0.3750 per share. This represents a $1.50 dividend on an annualized basis and a yield of 7.3%. The ex-dividend date of this dividend is Thursday, October 15th.

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

B. Riley Financial, Inc is a diversified financial services holding company that provides investment banking, institutional brokerage, wealth management, asset management, and business advisory services. Through its operating subsidiaries, the company serves corporations, institutional investors, private equity firms, entrepreneurs, and high-net-worth individuals.

Its businesses include B. Riley Securities, which offers investment banking, equity and fixed-income research, institutional sales and trading, and capital-raising services; B.