B. Riley Financial, Inc. (NASDAQ:RILYP) Stock Short Interest Declines 89.3%

B. Riley Financial, Inc. (NASDAQ:RILYP) was the recipient of a significant decline in short interest during the month of October. As of October 30th, there was short interest totaling 155 shares, a decline of 89.3% from the October 15th total of 1,451 shares. Based on an average daily volume of 10,969 shares, the short-interest ratio is currently 0.0 days.

B. Riley Financial Stock Performance

Shares of NASDAQ RILYP traded down $0.18 during mid-day trading on Thursday, reaching $6.38. 6,805 shares of the company were exchanged, compared to its average volume of 17,118. The company’s 50-day simple moving average is $9.65 and its 200-day simple moving average is $12.03. B. Riley Financial has a twelve month low of $3.25 and a twelve month high of $17.52.

About B. Riley Financial

B. Riley Financial is a diversified financial services company that serves businesses, institutional clients and individuals. Its services include investment banking, institutional brokerage, equity research and wealth management. The company also provides financial consulting, restructuring, valuation and asset disposition services. Through its operating businesses, it conducts auctions and liquidations and offers services related to brand licensing and business advisory work. B. Riley Financial operates primarily in the United States and serves clients across a range of industries.