B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) Sees Large Growth in Short Interest

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) was the target of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 1,080,000 shares, an increase of 19.1% from the February 13th total of 906,500 shares. Based on an average daily trading volume, of 44,000 shares, the days-to-cover ratio is currently 24.5 days.

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

Shares of RILYG traded up $0.16 during trading hours on Wednesday, hitting $12.67. The stock had a trading volume of 1,190 shares, compared to its average volume of 47,145. The stock has a fifty day moving average price of $11.98 and a 200 day moving average price of $12.05. B. Riley Financial, Inc. 5.00% Senior Notes due 2026 has a 12 month low of $6.87 and a 12 month high of $19.76.

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

The firm also recently announced a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th were issued a dividend of $0.3125 per share. The ex-dividend date of this dividend was Wednesday, January 15th. This represents a $1.25 dividend on an annualized basis and a yield of 9.87%.

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

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.