B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 (NASDAQ:RILYK) Sees Large Decline in Short Interest

B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 (NASDAQ:RILYKGet Free Report) was the recipient of a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 9,865 shares, a drop of 70.0% from the December 15th total of 32,906 shares. Based on an average daily volume of 10,222 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily volume of 10,222 shares, the days-to-cover ratio is currently 1.0 days.

B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 Trading Up 0.1%

NASDAQ RILYK traded up $0.02 during trading hours on Wednesday, reaching $24.85. The company had a trading volume of 9,528 shares, compared to its average volume of 11,055. The stock has a 50-day moving average of $24.31 and a 200 day moving average of $23.65. B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 has a 1-year low of $12.92 and a 1-year high of $24.89.

B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, January 31st. Investors of record on Thursday, January 15th will be given a dividend of $0.3438 per share. The ex-dividend date of this dividend is Thursday, January 15th. This represents a $1.38 dividend on an annualized basis and a dividend yield of 5.5%.

About B. Riley Financial, Inc. 5.50% Senior Notes Due 2026

(Get Free Report)

B. Riley Financial, Inc is a diversified financial services firm headquartered in Los Angeles, California. The company operates through multiple business lines, including capital markets, financial consulting, wealth management, principal investments and retail liquidation. B. Riley offers corporate clients advisory services such as mergers and acquisitions counsel, equity and debt underwriting, and restructuring guidance, while serving high-net-worth individuals through tailored wealth and investment management solutions.

Within its capital markets segment, B.

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