B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) Short Interest Down 89.4% in August

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) saw a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 1,030 shares, a decrease of 89.4% from the August 15th total of 9,677 shares. Based on an average trading volume of 13,933 shares, the days-to-cover ratio is currently 0.1 days.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Stock Down 0.0%

Shares of NASDAQ:RILYT traded down $0.01 on Friday, hitting $21.34. 8,060 shares of the company’s stock were exchanged, compared to its average volume of 28,002. B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 has a 12 month low of $10.35 and a 12 month high of $22.20. The business’s 50 day simple moving average is $21.05 and its two-hundred day simple moving average is $19.96.

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

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, October 31st. Investors of record on Thursday, October 15th will be issued a dividend of $0.375 per share. The ex-dividend date is Thursday, October 15th. This represents a $1.50 dividend on an annualized basis and a yield of 7.0%.

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

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.