B. Riley Financial, Inc. (NASDAQ:RILYL) Sees Significant Increase in Short Interest

B. Riley Financial, Inc. (NASDAQ:RILYL – Get Free Report) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 3,646 shares, an increase of 147.5% from the August 31st total of 1,473 shares. Based on an average daily trading volume, of 6,359 shares, the days-to-cover ratio is currently 0.6 days.

B. Riley Financial Price Performance

NASDAQ RILYL traded down $0.48 during trading on Monday, reaching $11.48. The company’s stock had a trading volume of 14,855 shares, compared to its average volume of 10,981. The firm has a fifty day moving average of $13.24 and a 200 day moving average of $13.87. B. Riley Financial has a one year low of $3.09 and a one year high of $18.08.

About B. Riley Financial

(Get Free Report)

B. Riley Financial, Inc is a diversified financial services company that provides investment banking, institutional brokerage, wealth management, asset management and advisory services. Through its operating businesses, the company serves corporate and institutional clients, public and private companies, financial sponsors and individual investors.

Its services include mergers and acquisitions advisory, equity and debt capital markets, securities research and sales and trading, investment management, financial restructuring and valuation.

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