B. Riley Financial, Inc. 5.25% Senior Notes due 2028 (NASDAQ:RILYZ) Stock Short Interest Falls 99.0%

B. Riley Financial, Inc. 5.25% Senior Notes due 2028 (NASDAQ:RILYZ) was the recipient of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 6,626 shares, a drop of 99.0% from the September 15th total of 695,733 shares. Based on an average trading volume of 87,496 shares, the short-interest ratio is presently 0.1 days.

B. Riley Financial, Inc. 5.25% Senior Notes due 2028 Trading Down 0.4%

Shares of NASDAQ:RILYZ traded down $0.08 during trading on Friday, reaching $18.85. 34,453 shares of the stock were exchanged, compared to its average volume of 45,992. B. Riley Financial, Inc. 5.25% Senior Notes due 2028 has a 12 month low of $8.65 and a 12 month high of $21.10. The stock has a 50-day moving average price of $19.89 and a 200-day moving average price of $18.95.

B. Riley Financial, Inc. 5.25% 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 $0.3281 per share. The ex-dividend date is Thursday, October 15th. This represents a $1.31 dividend on an annualized basis and a dividend yield of 7.0%.

About B. Riley Financial, Inc. 5.25% Senior Notes due 2028

B. Riley Financial, Inc is a diversified financial services company that provides investment banking, institutional brokerage, wealth management, asset management and financial advisory services. Its clients include public and private companies, institutional investors, financial sponsors, high-net-worth individuals and other organizations.

The company also offers valuation, appraisal, liquidation, auction and restructuring services through its operating businesses. These capabilities support companies, lenders and investors in situations involving mergers and acquisitions, capital raising, corporate restructuring, asset disposition and the evaluation of businesses and their assets.

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