B. Riley Financial, Inc. (NASDAQ:RILYP – Get Free Report) was the target of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 1,340 shares, a decrease of 67.4% from the September 15th total of 4,109 shares. Based on an average trading volume of 13,105 shares, the days-to-cover ratio is presently 0.1 days.
B. Riley Financial Price Performance
RILYP traded down $0.31 during trading on Tuesday, reaching $9.03. 2,227 shares of the stock traded hands, compared to its average volume of 17,874. B. Riley Financial has a fifty-two week low of $3.25 and a fifty-two week high of $17.52. The stock’s 50-day simple moving average is $12.14 and its two-hundred day simple moving average is $13.41.
B. Riley Financial Company Profile
B. Riley Financial, Inc is a diversified financial services holding company that has historically provided investment banking, institutional brokerage, wealth management, asset valuation, and corporate financial advisory services. The company has served public and private businesses, institutional investors, financial institutions, and high-net-worth individuals.
Its business activities have included capital raising and merger advisory services, securities research and trading, investment management, and wealth planning.
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