B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 (NASDAQ:RILYK – Get Free Report) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totaling 5,477 shares, a decline of 44.5% from the December 31st total of 9,865 shares. Based on an average daily trading volume, of 19,759 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 19,759 shares, the days-to-cover ratio is currently 0.3 days.
B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 Price Performance
B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 stock remained flat at $24.96 during mid-day trading on Friday. 27,087 shares of the company’s stock traded hands, compared to its average volume of 28,444. B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 has a one year low of $12.92 and a one year high of $24.98. The business has a 50-day moving average of $24.54 and a two-hundred day moving average of $23.97.
B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Saturday, January 31st. Investors of record on Thursday, January 15th will be paid a $0.3438 dividend. The ex-dividend date of this dividend is Thursday, January 15th. This represents a $1.38 annualized dividend and a yield of 5.5%.
B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 Company Profile
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.
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