B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 (NASDAQ:RILYK) Sees Large Decrease in Short Interest

B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 (NASDAQ:RILYK) saw a significant decrease in short interest in December. As of December 31st, there was short interest totaling 9,865 shares, a decrease of 70.0% from the December 15th total of 32,906 shares. Based on an average trading volume of 10,222 shares, the short-interest ratio is currently 1.0 days. Based on an average trading volume of 10,222 shares, the short-interest ratio is currently 1.0 days.

B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 Stock Down 0.4%

RILYK stock traded down $0.11 during midday trading on Thursday, hitting $24.78. The company’s stock had a trading volume of 51,258 shares, compared to its average volume of 13,505. The stock’s 50-day moving average price is $24.33 and its 200 day moving average price is $23.66. B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 has a 1 year low of $12.92 and a 1 year high of $24.90.

B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Saturday, January 31st. Investors of record on Thursday, January 15th will be given a dividend of $0.3438 per share. The ex-dividend date is Thursday, January 15th. This represents a $1.38 annualized dividend and a yield of 5.5%.

About B. Riley Financial, Inc. 5.50% Senior Notes Due 2026

B. Riley Financial, Inc is a diversified financial services firm headquartered in Los Angeles, California. The company operates through multiple business lines, including capital markets, financial consulting, wealth management, principal investments and retail liquidation. B. Riley offers corporate clients advisory services such as mergers and acquisitions counsel, equity and debt underwriting, and restructuring guidance, while serving high-net-worth individuals through tailored wealth and investment management solutions.

Within its capital markets segment, B.