Short Interest in B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) Declines By 84.8%

B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) was the recipient of a large decline in short interest in February. As of February 13th, there was short interest totaling 1,471 shares, a decline of 84.8% from the January 29th total of 9,684 shares. Based on an average daily trading volume, of 16,108 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 16,108 shares, the days-to-cover ratio is currently 0.1 days.

B. Riley Financial, Inc. – 6.50 Price Performance

Shares of NASDAQ RILYN traded up $0.02 during mid-day trading on Wednesday, hitting $23.11. The company had a trading volume of 7,547 shares, compared to its average volume of 29,755. The firm has a 50-day simple moving average of $22.69 and a two-hundred day simple moving average of $21.03. B. Riley Financial, Inc. – 6.50 has a one year low of $7.98 and a one year high of $24.00.

B. Riley Financial, Inc. – 6.50 Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Saturday, January 31st. Shareholders of record on Thursday, January 15th were paid a $0.4063 dividend. This represents a $1.63 dividend on an annualized basis and a yield of 7.0%. The ex-dividend date was Thursday, January 15th.

B. Riley Financial, Inc. – 6.50 Company Profile

B. Riley Financial, Inc (NASDAQ: RILYN) is a diversified financial services firm that offers an integrated suite of advisory, investment, and restructuring solutions. Founded in 1997 and headquartered in Los Angeles, the company provides services across several key segments, including investment banking and capital markets, asset management, auction and liquidation, valuation and appraisal, restructuring and advisory, and merchant capital. Its broad platform enables clients to access tailored financing, strategic guidance and execution support across both public and private markets.

In its investment banking and capital markets business, B.