Short Interest in B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) Expands By 60.6%

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 228,600 shares, a growth of 60.6% from the September 30th total of 142,300 shares. Based on an average trading volume of 65,000 shares, the days-to-cover ratio is presently 3.5 days.

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

RILYG traded up $0.15 on Friday, reaching $11.99. 22,142 shares of the stock were exchanged, compared to its average volume of 39,505. The company’s 50-day moving average price is $11.77 and its 200 day moving average price is $15.65. B. Riley Financial, Inc. 5.00% Senior Notes due 2026 has a fifty-two week low of $6.87 and a fifty-two week high of $20.75.

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

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th will be given a dividend of $0.3125 per share. The ex-dividend date is Tuesday, October 15th. This represents a $1.25 dividend on an annualized basis and a yield of 10.43%.

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

b. riley financial, inc. is a publicly traded, diversified financial services company which takes a collaborative approach to the capital raising and financial advisory needs of public and private companies and high net worth individuals. the company operates through several wholly-owned subsidiaries, including b.