B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) Short Interest Up 39.2% in March

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) was the recipient of a significant growth in short interest in the month of March. As of March 31st, there was short interest totaling 8,168 shares, a growth of 39.2% from the March 15th total of 5,869 shares. Based on an average trading volume of 26,569 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On B. Riley Financial, Inc. 6.00% Senior Notes Due 2028

A hedge fund recently bought a new stake in B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 stock. NBC Securities Inc. bought a new stake in B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,000 shares of the company’s stock, valued at approximately $28,000.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Trading Down 0.2%

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 stock traded down $0.04 during mid-day trading on Wednesday, reaching $18.42. The stock had a trading volume of 45,194 shares, compared to its average volume of 32,352. B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 has a fifty-two week low of $5.05 and a fifty-two week high of $19.69. The stock’s 50-day simple moving average is $17.59 and its 200-day simple moving average is $15.30.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be paid a dividend of $0.375 per share. The ex-dividend date is Wednesday, July 15th. This represents a $1.50 annualized dividend and a yield of 8.1%.

About B. Riley Financial, Inc. 6.00% Senior Notes Due 2028

B. Riley Financial, Inc 6.00% Senior Notes Due 2028 (NASDAQ: RILYT) are unsecured, senior obligations of B. Riley Financial, Inc, a diversified financial services holding company. The notes bear interest at an annual rate of 6.00%, payable semi-annually, and mature in August 2028. As senior unsecured debt, these notes rank equally with other unsecured obligations of the company and are structurally subordinated to any secured debt.

B. Riley Financial, Inc provides a broad suite of services including investment banking, financial advisory, wealth management, merchant banking, and asset management.