B. Riley Financial, Inc. (NASDAQ:RILYP – Get Free Report) saw a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 13,500 shares, a decrease of 56.9% from the October 31st total of 31,300 shares. Based on an average daily volume of 23,400 shares, the short-interest ratio is presently 0.6 days.
B. Riley Financial Stock Performance
B. Riley Financial stock traded up $0.19 during midday trading on Thursday, reaching $7.74. The stock had a trading volume of 15,021 shares, compared to its average volume of 25,713. B. Riley Financial has a 52-week low of $3.81 and a 52-week high of $20.49. The company has a fifty day moving average of $8.07 and a 200 day moving average of $13.07.
B. Riley Financial Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Monday, October 28th were issued a dividend of $0.4297 per share. This represents a $1.72 dividend on an annualized basis and a yield of 22.21%. The ex-dividend date of this dividend was Monday, October 28th.
B. Riley Financial Company Profile
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.
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