B. Riley Financial, Inc. (NASDAQ:RILYP – Get Free Report) saw a large growth in short interest in October. As of October 15th, there was short interest totalling 50,900 shares, a growth of 194.2% from the September 30th total of 17,300 shares. Based on an average trading volume of 49,000 shares, the days-to-cover ratio is presently 1.0 days.
B. Riley Financial Stock Performance
RILYP stock opened at $9.15 on Monday. B. Riley Financial has a 1-year low of $3.81 and a 1-year high of $20.55. The business has a 50 day simple moving average of $8.53 and a two-hundred day simple moving average of $14.68.
B. Riley Financial Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Monday, October 28th will be given a dividend of $0.4297 per share. The ex-dividend date is Monday, October 28th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 18.78%.
About B. Riley Financial
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.
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