B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) Stock Short Interest Rises 285.0%

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) was the target of a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 22,931 shares, an increase of 285.0% from the October 15th total of 5,956 shares. Based on an average daily volume of 9,084 shares, the days-to-cover ratio is presently 2.5 days.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Trading Down 0.0%

Shares of B. Riley Financial, Inc. 5.00% Senior Notes due 2026 stock traded down $0.01 during mid-day trading on Friday, reaching $24.84. 235 shares of the stock were exchanged, compared to its average volume of 20,111. B. Riley Financial, Inc. 5.00% Senior Notes due 2026 has a fifty-two week low of $15.42 and a fifty-two week high of $25.00. The firm has a 50-day simple moving average of $24.80 and a 200 day simple moving average of $24.04.

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

The company also recently disclosed a quarterly dividend, which was paid on Saturday, October 31st. Stockholders of record on Thursday, October 15th were issued a dividend of $0.3125 per share. The ex-dividend date of this dividend was 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, institutional brokerage, research, sales and trading, and wealth management services. Its businesses also offer financial consulting, restructuring advice, asset valuation, and auction and liquidation services. Founded in 1997, the company serves corporate, institutional, and individual clients, primarily in the United States. Its operations span capital markets and advisory services as well as asset disposition and other business services.