Short Interest in B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) Declines By 35.3%

B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) was the target of a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 3,959 shares, a decline of 35.3% from the April 15th total of 6,123 shares. Based on an average daily trading volume, of 54,312 shares, the days-to-cover ratio is currently 0.1 days.

B. Riley Financial, Inc. – 6.50 Price Performance

NASDAQ:RILYN traded up $0.01 during mid-day trading on Monday, reaching $24.83. The company’s stock had a trading volume of 17,489 shares, compared to its average volume of 37,313. B. Riley Financial, Inc. – 6.50 has a 12-month low of $8.11 and a 12-month high of $24.95. The firm’s fifty day moving average price is $24.20 and its two-hundred day moving average price is $22.41.

B. Riley Financial, Inc. – 6.50 Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be given a $0.4063 dividend. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $1.63 dividend on an annualized basis and a yield of 6.5%.

About B. Riley Financial, Inc. – 6.50

B. Riley Financial, Inc (NASDAQ: RILYN) is a diversified financial services firm that offers an integrated suite of advisory, investment, and restructuring solutions. Founded in 1997 and headquartered in Los Angeles, the company provides services across several key segments, including investment banking and capital markets, asset management, auction and liquidation, valuation and appraisal, restructuring and advisory, and merchant capital. Its broad platform enables clients to access tailored financing, strategic guidance and execution support across both public and private markets.

In its investment banking and capital markets business, B.