B. Riley Financial, Inc. (NASDAQ:RILYP – Get Free Report) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 5,110 shares, a growth of 303.3% from the July 30th total of 1,267 shares. Based on an average trading volume of 7,097 shares, the short-interest ratio is currently 0.7 days.
B. Riley Financial Stock Performance
B. Riley Financial stock opened at $13.00 on Friday. B. Riley Financial has a 12 month low of $3.25 and a 12 month high of $17.52. The business has a 50 day simple moving average of $13.64 and a 200-day simple moving average of $13.06.
About B. Riley Financial
B. Riley Financial is a diversified financial services holding company headquartered in Los Angeles, California. The firm offers a broad suite of services designed to support corporate, institutional and private clients across the full spectrum of capital markets and advisory needs. Its core business activities encompass investment banking, asset management, valuation and appraisal services, turnaround and restructuring advisory, liquidation and auction services, and various financing solutions.
Since its founding in 1997 by Chairman and Chief Executive Officer Bryant Riley, B.
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