Short Interest in B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) Drops By 67.1%

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) saw a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 4,289 shares, a decline of 67.1% from the May 14th total of 13,025 shares. Based on an average daily trading volume, of 12,494 shares, the short-interest ratio is currently 0.3 days.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Price Performance

Shares of RILYG stock opened at $24.33 on Thursday. B. Riley Financial, Inc. 5.00% Senior Notes due 2026 has a 12-month low of $10.85 and a 12-month high of $24.75. The firm has a fifty day moving average of $23.92 and a 200-day moving average of $22.12.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be issued a $0.3125 dividend. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $1.25 annualized dividend and a dividend yield of 5.1%.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Company Profile

The B. Riley Financial, Inc 5.00% Senior Notes due 2026 are unsecured senior notes issued by B. Riley Financial, Inc, a diversified financial services holding company. The notes bear interest at a fixed rate of 5.00% per annum, payable semi-annually in arrears, and are scheduled to mature on September 15, 2026. As senior obligations, they rank equally with all of the company’s existing and future senior unsecured debt and are guaranteed by certain of its domestic subsidiaries.

B. Riley Financial, Inc provides a broad range of advisory and financing services to corporate and individual clients.