B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) Sees Large Growth in Short Interest

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 2,299 shares, a growth of 123.2% from the August 31st total of 1,030 shares. Based on an average daily trading volume, of 16,006 shares, the short-interest ratio is presently 0.1 days.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Stock Down 1.2%

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 stock traded down $0.26 during trading hours on Friday, hitting $20.47. The company had a trading volume of 12,875 shares, compared to its average volume of 27,617. The firm has a 50-day moving average of $21.12 and a 200 day moving average of $20.19. B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 has a one year low of $10.35 and a one year high of $22.20.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Saturday, October 31st. Stockholders of record on Thursday, October 15th will be paid a dividend of $0.3750 per share. The ex-dividend date is Thursday, October 15th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 7.3%.

About B. Riley Financial, Inc. 6.00% Senior Notes Due 2028

B. Riley Financial, Inc is a diversified financial services holding company that provides investment banking, institutional brokerage, wealth management, asset management, and business advisory services. Through its operating subsidiaries, the company serves corporations, institutional investors, private equity firms, entrepreneurs, and high-net-worth individuals.

Its businesses include B. Riley Securities, which offers investment banking, equity and fixed-income research, institutional sales and trading, and capital-raising services; B.