B. Riley Financial, Inc. (NASDAQ:RILYP) Sees Large Decrease in Short Interest

B. Riley Financial, Inc. (NASDAQ:RILYP) was the recipient of a significant drop in short interest in March. As of March 15th, there was short interest totalling 1,900 shares, a drop of 65.5% from the February 28th total of 5,500 shares. Based on an average daily volume of 16,800 shares, the short-interest ratio is currently 0.1 days.

B. Riley Financial Stock Down 3.9 %

NASDAQ RILYP traded down $0.15 during midday trading on Friday, hitting $3.69. 11,701 shares of the company traded hands, compared to its average volume of 23,762. B. Riley Financial has a 52 week low of $3.28 and a 52 week high of $20.49. The company’s 50-day simple moving average is $4.73 and its 200-day simple moving average is $6.66.

B. Riley Financial Company Profile

B. Riley Financial, Inc, through its subsidiaries, provides financial services to corporate, institutional, and high net worth clients in North America, Australia, the Asia Pacific, and Europe. The company operates through six segments: Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer.