B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN – Get Free Report) was the target of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totaling 4,778 shares, a decrease of 61.5% from the March 15th total of 12,396 shares. Based on an average daily trading volume, of 37,248 shares, the short-interest ratio is presently 0.1 days.
B. Riley Financial, Inc. – 6.50 Price Performance
Shares of NASDAQ RILYN traded up $0.07 during mid-day trading on Friday, reaching $24.42. The company’s stock had a trading volume of 18,749 shares, compared to its average volume of 33,170. The stock has a 50-day moving average of $23.56 and a two-hundred day moving average of $21.73. B. Riley Financial, Inc. – 6.50 has a 1-year low of $7.98 and a 1-year high of $24.79.
B. Riley Financial, Inc. – 6.50 Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be given a $0.4063 dividend. This represents a $1.63 dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date is Wednesday, July 15th.
B. Riley Financial, Inc. – 6.50 Company Profile
B. Riley Financial, Inc (NASDAQ: RILYN) is a diversified financial services firm that offers an integrated suite of advisory, investment, and restructuring solutions. Founded in 1997 and headquartered in Los Angeles, the company provides services across several key segments, including investment banking and capital markets, asset management, auction and liquidation, valuation and appraisal, restructuring and advisory, and merchant capital. Its broad platform enables clients to access tailored financing, strategic guidance and execution support across both public and private markets.
In its investment banking and capital markets business, B.
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