Short Interest in B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) Declines By 44.0%

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) saw a large decrease in short interest during the month of April. As of April 15th, there was short interest totaling 6,563 shares, a decrease of 44.0% from the March 31st total of 11,720 shares. Based on an average daily trading volume, of 25,294 shares, the days-to-cover ratio is currently 0.3 days.

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

Shares of B. Riley Financial, Inc. 5.00% Senior Notes due 2026 stock opened at $23.74 on Monday. B. Riley Financial, Inc. 5.00% Senior Notes due 2026 has a one year low of $6.12 and a one year high of $23.95. The firm has a fifty day moving average of $22.92 and a two-hundred day moving average of $20.73.

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

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be given a dividend of $0.3125 per share. The ex-dividend date is Wednesday, July 15th. This represents a $1.25 dividend on an annualized basis and a yield of 5.3%.

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.