B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 (NASDAQ:RILYK) Short Interest Up 24.0% in September

B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 (NASDAQ:RILYK) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 157,900 shares, an increase of 24.0% from the September 15th total of 127,300 shares. Based on an average daily trading volume, of 52,800 shares, the days-to-cover ratio is currently 3.0 days.

Institutional Investors Weigh In On B. Riley Financial, Inc. 5.50% Senior Notes Due 2026

A hedge fund recently bought a new stake in B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 stock. Thompson Investment Management Inc. bought a new position in B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 (NASDAQ:RILYK) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,000 shares of the company’s stock, valued at approximately $57,000.

B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 Price Performance

Shares of RILYK stock traded down $0.37 during trading hours on Tuesday, reaching $16.94. 23,487 shares of the company’s stock were exchanged, compared to its average volume of 30,488. The stock’s fifty day moving average price is $16.29 and its two-hundred day moving average price is $19.33. B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 has a 1 year low of $9.00 and a 1 year high of $22.70.

B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th will be paid a $0.3438 dividend. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $1.38 dividend on an annualized basis and a dividend yield of 8.12%.

About B. Riley Financial, Inc. 5.50% Senior Notes Due 2026

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.