B. Riley Financial, Inc. (NASDAQ:RILYP – Get Free Report) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 5,110 shares, a growth of 303.3% from the July 30th total of 1,267 shares. Based on an average trading volume of 7,097 shares, the days-to-cover ratio is presently 0.7 days.
B. Riley Financial Stock Performance
NASDAQ RILYP traded down $0.31 on Friday, hitting $12.99. The stock had a trading volume of 6,350 shares, compared to its average volume of 19,500. The firm has a 50-day moving average of $13.70 and a 200-day moving average of $13.06. B. Riley Financial has a 52-week low of $3.25 and a 52-week high of $17.52.
B. Riley Financial Company Profile
B. Riley Financial is a diversified financial services holding company headquartered in Los Angeles, California. The firm offers a broad suite of services designed to support corporate, institutional and private clients across the full spectrum of capital markets and advisory needs. Its core business activities encompass investment banking, asset management, valuation and appraisal services, turnaround and restructuring advisory, liquidation and auction services, and various financing solutions.
Since its founding in 1997 by Chairman and Chief Executive Officer Bryant Riley, B.
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