B. Riley Financial, Inc. (NASDAQ:RILYP) Sees Significant Drop in Short Interest

B. Riley Financial, Inc. (NASDAQ:RILYP) was the recipient of a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 31,300 shares, a decline of 38.5% from the October 15th total of 50,900 shares. Based on an average trading volume of 52,100 shares, the short-interest ratio is presently 0.6 days.

B. Riley Financial Stock Up 2.3 %

Shares of B. Riley Financial stock traded up $0.17 during trading on Friday, reaching $7.59. 18,296 shares of the company were exchanged, compared to its average volume of 26,063. The business has a 50-day moving average price of $8.31 and a 200-day moving average price of $13.77. B. Riley Financial has a twelve month low of $3.81 and a twelve month high of $20.49.

B. Riley Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Monday, October 28th were given a dividend of $0.4297 per share. The ex-dividend date of this dividend was Monday, October 28th. This represents a $1.72 annualized dividend and a dividend yield of 22.63%.

About B. Riley Financial

B. Riley Financial, Inc, through its subsidiaries, provides financial services to corporate, institutional, and high net worth clients in North America, Australia, the Asia Pacific, and Europe. The company operates through six segments: Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer.