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

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYTGet Free Report) was the recipient of a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 2,186 shares, a decline of 35.6% from the January 15th total of 3,393 shares. Based on an average trading volume of 54,979 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 54,979 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On B. Riley Financial, Inc. 6.00% Senior Notes Due 2028

An institutional investor recently bought a new position in B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 stock. NBC Securities Inc. bought a new position in B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYTFree Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 2,000 shares of the company’s stock, valued at approximately $28,000.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Stock Up 0.5%

NASDAQ RILYT opened at $17.42 on Friday. B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 has a one year low of $5.05 and a one year high of $19.69. The stock’s 50-day moving average is $15.71 and its 200-day moving average is $14.18.

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

The business also recently declared a quarterly dividend, which was paid on Saturday, January 31st. Shareholders of record on Thursday, January 15th were paid a $0.375 dividend. The ex-dividend date of this dividend was Thursday, January 15th. This represents a $1.50 dividend on an annualized basis and a yield of 8.6%.

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

(Get Free Report)

B. Riley Financial, Inc 6.00% Senior Notes Due 2028 (NASDAQ: RILYT) are unsecured, senior obligations of B. Riley Financial, Inc, a diversified financial services holding company. The notes bear interest at an annual rate of 6.00%, payable semi-annually, and mature in August 2028. As senior unsecured debt, these notes rank equally with other unsecured obligations of the company and are structurally subordinated to any secured debt.

B. Riley Financial, Inc provides a broad suite of services including investment banking, financial advisory, wealth management, merchant banking, and asset management.

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