B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) Sees Significant Decrease in Short Interest

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 4,851 shares, a decrease of 40.8% from the July 15th total of 8,195 shares. Based on an average trading volume of 8,800 shares, the days-to-cover ratio is presently 0.6 days.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Trading Up 0.0%

RILYG stock opened at $24.66 on Monday. The firm has a 50 day moving average of $24.44 and a 200 day moving average of $23.71. B. Riley Financial, Inc. 5.00% Senior Notes due 2026 has a 52 week low of $15.42 and a 52 week high of $24.75.

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

The business also recently declared a quarterly dividend, which will be paid on Saturday, October 31st. Shareholders of record on Thursday, October 15th will be paid a dividend of $0.3125 per share. The ex-dividend date is Thursday, October 15th. This represents a $1.25 dividend on an annualized basis and a yield of 5.1%.

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.