B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) Short Interest Update

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) was the target of a significant increase in short interest in April. As of April 30th, there was short interest totaling 9,314 shares, an increase of 144.5% from the April 15th total of 3,809 shares. Based on an average daily volume of 34,740 shares, the short-interest ratio is presently 0.3 days.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Stock Performance

Shares of NASDAQ RILYT remained flat at $21.00 during mid-day trading on Friday. 19,277 shares of the stock were exchanged, compared to its average volume of 33,303. The firm’s fifty day moving average is $18.47 and its 200-day moving average is $16.11. B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 has a one year low of $5.15 and a one year high of $21.20.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be paid a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date is Wednesday, July 15th.

Institutional Trading of B. Riley Financial, Inc. 6.00% Senior Notes Due 2028

A hedge fund recently bought a new stake in B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 stock. NBC Securities Inc. bought a new stake in B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 2,000 shares of the company’s stock, valued at approximately $28,000.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Company Profile

B. Riley Financial, Inc 6.00% Senior Notes Due 2028 (NASDAQ: RILYT) are unsecured, senior obligations of B. Riley Financial, Inc, a diversified financial services holding company. The notes bear interest at an annual rate of 6.00%, payable semi-annually, and mature in August 2028. As senior unsecured debt, these notes rank equally with other unsecured obligations of the company and are structurally subordinated to any secured debt.

B. Riley Financial, Inc provides a broad suite of services including investment banking, financial advisory, wealth management, merchant banking, and asset management.