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

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) was the recipient of a significant drop in short interest in the month of February. As of February 27th, there was short interest totaling 10,090 shares, a drop of 22.1% from the February 12th total of 12,948 shares. Based on an average trading volume of 15,599 shares, the short-interest ratio is presently 0.6 days. Based on an average trading volume of 15,599 shares, the short-interest ratio is presently 0.6 days.

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

Shares of NASDAQ:RILYG opened at $22.43 on Tuesday. B. Riley Financial, Inc. 5.00% Senior Notes due 2026 has a 12-month low of $6.12 and a 12-month high of $23.65. The business has a 50 day moving average of $22.50 and a two-hundred day moving average of $20.05.

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

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be paid a $0.3125 dividend. This represents a $1.25 annualized dividend and a dividend yield of 5.6%. The ex-dividend date is Wednesday, July 15th.

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

The B. Riley Financial, Inc 5.00% Senior Notes due 2026 are unsecured senior notes issued by B. Riley Financial, Inc, a diversified financial services holding company. The notes bear interest at a fixed rate of 5.00% per annum, payable semi-annually in arrears, and are scheduled to mature on September 15, 2026. As senior obligations, they rank equally with all of the company’s existing and future senior unsecured debt and are guaranteed by certain of its domestic subsidiaries.

B. Riley Financial, Inc provides a broad range of advisory and financing services to corporate and individual clients.