B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT – Get Free Report) was the recipient of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 13,694 shares, a decline of 41.3% from the September 30th total of 23,310 shares. Based on an average trading volume of 42,288 shares, the short-interest ratio is currently 0.3 days.
B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Trading Down 2.9%
Shares of B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 stock traded down $0.57 during trading hours on Friday, reaching $19.16. 36,279 shares of the company’s stock were exchanged, compared to its average volume of 29,176. B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 has a 52-week low of $10.35 and a 52-week high of $22.20. The company has a fifty day moving average of $20.86 and a 200-day moving average of $19.70.
B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Saturday, October 31st. Investors of record on Thursday, October 15th were given a dividend of $0.3750 per share. The ex-dividend date was Thursday, October 15th. This represents a $1.50 annualized dividend and a yield of 7.8%.
About B. Riley Financial, Inc. 6.00% Senior Notes Due 2028
B. Riley Financial, Inc is a diversified financial services company that provides investment banking, institutional brokerage, asset management, and wealth management services. Its advisory activities include mergers and acquisitions, capital raising, restructuring, and financial consulting for businesses, investors, and other organizations.
The company also operates businesses focused on valuation, appraisal, liquidation, and auction services, as well as lending and other investment activities.
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