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

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 14,086 shares, an increase of 222.9% from the June 15th total of 4,362 shares. Based on an average daily trading volume, of 20,104 shares, the short-interest ratio is currently 0.7 days.

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

NASDAQ RILYG traded up $0.01 during mid-day trading on Tuesday, reaching $24.57. 6,654 shares of the stock were exchanged, compared to its average volume of 26,021. B. Riley Financial, Inc. 5.00% Senior Notes due 2026 has a one year low of $15.42 and a one year high of $24.75. The stock has a 50 day simple moving average of $24.37 and a 200-day simple moving average of $23.16.

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

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 $0.3125 dividend. The ex-dividend date is Thursday, October 15th. This represents a $1.25 annualized dividend and a dividend yield of 5.1%.

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

The B. Riley Financial, Inc 5.00% Senior Notes due 2026 are unsecured senior notes issued by B. Riley Financial, Inc, a diversified financial services holding company. The notes bear interest at a fixed rate of 5.00% per annum, payable semi-annually in arrears, and are scheduled to mature on September 15, 2026. As senior obligations, they rank equally with all of the company’s existing and future senior unsecured debt and are guaranteed by certain of its domestic subsidiaries.

B. Riley Financial, Inc provides a broad range of advisory and financing services to corporate and individual clients.