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

B. Riley Financial, Inc. (NASDAQ:RILYL) was the recipient of a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 900 shares, a drop of 84.2% from the October 31st total of 5,700 shares. Based on an average daily trading volume, of 22,700 shares, the days-to-cover ratio is presently 0.0 days.

B. Riley Financial Stock Performance

Shares of B. Riley Financial stock traded down $0.15 during trading on Thursday, reaching $7.84. The company’s stock had a trading volume of 113,977 shares, compared to its average volume of 15,574. The company has a 50-day moving average price of $8.30 and a two-hundred day moving average price of $14.41. B. Riley Financial has a fifty-two week low of $4.11 and a fifty-two week high of $23.15.

B. Riley Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Monday, October 28th were paid a dividend of $0.4609 per share. This represents a $1.84 annualized dividend and a dividend yield of 23.52%. The ex-dividend date was Monday, October 28th.

About B. Riley Financial

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.