B. Riley Financial, Inc. (NASDAQ:RILYL) Sees Large Increase in Short Interest

B. Riley Financial, Inc. (NASDAQ:RILYL) was the recipient of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 4,700 shares, an increase of 20.5% from the March 31st total of 3,900 shares. Based on an average daily volume of 9,800 shares, the days-to-cover ratio is presently 0.5 days.

B. Riley Financial Stock Performance

Shares of B. Riley Financial stock opened at $21.66 on Wednesday. B. Riley Financial has a 1 year low of $14.26 and a 1 year high of $25.00. The company’s fifty day simple moving average is $18.02 and its 200-day simple moving average is $19.48.

B. Riley Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Monday, April 22nd were issued a dividend of $0.4609 per share. The ex-dividend date was Friday, April 19th. This represents a $1.84 annualized dividend and a dividend yield of 8.51%.

B. Riley Financial Company Profile

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