B. Riley Financial, Inc. (NASDAQ:RILYP) Short Interest Down 76.7% in April

B. Riley Financial, Inc. (NASDAQ:RILYP) was the target of a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 2,400 shares, a decline of 76.7% from the March 31st total of 10,300 shares. Based on an average daily trading volume, of 21,300 shares, the days-to-cover ratio is currently 0.1 days.

B. Riley Financial Stock Performance

Shares of NASDAQ RILYP traded up $0.19 during trading on Thursday, reaching $17.89. 11,935 shares of the company traded hands, compared to its average volume of 19,212. The firm has a 50 day simple moving average of $15.39 and a 200-day simple moving average of $16.97. B. Riley Financial has a 52-week low of $12.25 and a 52-week high of $22.37.

B. Riley Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Monday, April 22nd will be issued a $0.4297 dividend. This represents a $1.72 annualized dividend and a yield of 9.61%. The ex-dividend date is Friday, April 19th.

About B. Riley Financial

B. Riley Financial, Inc, through its subsidiaries, provides financial services to corporate, institutional, and high net worth clients in North America, Australia, and Europe. The company operates through six segments: Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer.