B. Riley Financial, Inc. (NASDAQ:RILYL – Get Free Report) was the target of a large decline in short interest in January. As of January 30th, there was short interest totaling 8,288 shares, a decline of 23.1% from the January 15th total of 10,773 shares. Based on an average trading volume of 13,618 shares, the short-interest ratio is currently 0.6 days. Based on an average trading volume of 13,618 shares, the short-interest ratio is currently 0.6 days.
B. Riley Financial Price Performance
Shares of NASDAQ:RILYL traded up $1.61 during midday trading on Tuesday, hitting $12.12. 13,908 shares of the stock were exchanged, compared to its average volume of 17,410. B. Riley Financial has a 52-week low of $1.77 and a 52-week high of $14.80. The business’s fifty day simple moving average is $8.24 and its two-hundred day simple moving average is $6.72.
B. Riley Financial Company Profile
B. Riley Financial, Inc (NASDAQ: RILYL) is a diversified financial services firm that delivers a broad spectrum of advisory, asset management, and capital markets solutions. The company’s capital markets segment provides investment banking, institutional brokerage, equity research, and financing services, helping corporate and institutional clients execute public and private transactions. Its wealth management business offers customized financial planning, portfolio management, retirement strategies, and estate planning for high-net-worth individuals and families.
In its financial advisory & restructuring division, B.
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