Short Interest in B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) Increases By 23.5%

B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totalling 322,600 shares, an increase of 23.5% from the June 15th total of 261,200 shares. Based on an average trading volume of 32,700 shares, the short-interest ratio is presently 9.9 days.

B. Riley Financial, Inc. – 6.50 Stock Down 1.2 %

RILYN stock traded down $0.24 during trading on Monday, reaching $18.99. 21,294 shares of the company were exchanged, compared to its average volume of 38,319. The stock’s 50 day moving average price is $20.02 and its 200 day moving average price is $18.53. B. Riley Financial, Inc. – 6.50 has a 52-week low of $13.69 and a 52-week high of $22.79.

B. Riley Financial, Inc. – 6.50 Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Monday, July 15th will be paid a dividend of $0.4063 per share. The ex-dividend date is Monday, July 15th. This represents a $1.63 annualized dividend and a dividend yield of 8.56%.

Hedge Funds Weigh In On B. Riley Financial, Inc. – 6.50

An institutional investor recently bought a new position in B. Riley Financial, Inc. – 6.50 stock. Archer Investment Corp purchased a new position in shares of B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,000 shares of the company’s stock, valued at approximately $69,000.

B. Riley Financial, Inc. – 6.50 Company Profile

b. riley financial, inc. is a publicly traded, diversified financial services company which takes a collaborative approach to the capital raising and financial advisory needs of public and private companies and high net worth individuals. the company operates through several wholly-owned subsidiaries, including b.