B. Riley Financial, Inc. 5.25% Senior Notes due 2028 (NASDAQ:RILYZ) Shares Down 3.6% – Here’s What Happened

B. Riley Financial, Inc. 5.25% Senior Notes due 2028 (NASDAQ:RILYZ) dropped 3.6% during mid-day trading on Friday . The stock traded as low as $5.26 and last traded at $5.30. Approximately 16,991 shares changed hands during mid-day trading, a decline of 86% from the average daily volume of 123,692 shares. The stock had previously closed at $5.50.

B. Riley Financial, Inc. 5.25% Senior Notes due 2028 Stock Performance

The stock’s 50 day simple moving average is $7.80 and its 200 day simple moving average is $8.87.

B. Riley Financial, Inc. 5.25% Senior Notes due 2028 Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 15th were given a dividend of $0.3281 per share. This represents a $1.31 annualized dividend and a dividend yield of 24.76%. The ex-dividend date of this dividend was Tuesday, April 15th.

About B. Riley Financial, Inc. 5.25% Senior Notes due 2028

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.