B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) Shares Shorted: Short Interest Up 63.8% in September

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 6,795 shares, a growth of 63.8% from the August 31st total of 4,148 shares. Based on an average daily volume of 8,940 shares, the days-to-cover ratio is currently 0.8 days.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Stock Performance

Shares of RILYG stock traded up $0.06 on Wednesday, reaching $24.77. 10,941 shares of the stock were exchanged, compared to its average volume of 21,089. The business’s 50 day moving average price is $24.63 and its 200 day moving average price is $24.15. B. Riley Financial, Inc. 5.00% Senior Notes due 2026 has a twelve month low of $15.42 and a twelve month high of $24.86.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Saturday, October 31st. Shareholders of record on Thursday, October 15th will be issued a dividend of $0.3125 per share. This represents a $1.25 dividend on an annualized basis and a yield of 5.0%. The ex-dividend date of this dividend is Thursday, October 15th.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Company Profile

B. Riley Financial, Inc is a diversified financial services company that provides investment banking, capital markets, institutional brokerage, and wealth management services. Its offerings are designed to support companies, institutional investors, entrepreneurs, and high-net-worth individuals with financing, advisory, securities, and investment needs.

The company also operates businesses focused on asset management, valuation and appraisal, corporate restructuring, liquidation and auction services, and principal investments.