B. Riley Financial, Inc. (NASDAQ:RILYP – Get Free Report) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 1,513 shares, a drop of 88.2% from the June 30th total of 12,817 shares. Based on an average daily volume of 16,090 shares, the days-to-cover ratio is presently 0.1 days.
B. Riley Financial Price Performance
Shares of NASDAQ RILYP traded down $0.44 on Monday, hitting $12.98. The company had a trading volume of 1,977 shares, compared to its average volume of 21,228. B. Riley Financial has a 12-month low of $3.25 and a 12-month high of $17.52. The business has a 50 day moving average of $15.44 and a two-hundred day moving average of $12.49.
B. Riley Financial Company Profile
B. Riley Financial is a diversified financial services holding company headquartered in Los Angeles, California. The firm offers a broad suite of services designed to support corporate, institutional and private clients across the full spectrum of capital markets and advisory needs. Its core business activities encompass investment banking, asset management, valuation and appraisal services, turnaround and restructuring advisory, liquidation and auction services, and various financing solutions.
Since its founding in 1997 by Chairman and Chief Executive Officer Bryant Riley, B.
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