B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) Sees Large Increase in Short Interest

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) was the recipient of a significant growth in short interest in February. As of February 27th, there was short interest totaling 7,332 shares, a growth of 130.9% from the February 12th total of 3,176 shares. Based on an average daily volume of 14,380 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 14,380 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of B. Riley Financial, Inc. 6.00% Senior Notes Due 2028

An institutional investor recently bought a new position in B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 stock. NBC Securities Inc. bought a new stake in B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 2,000 shares of the company’s stock, valued at approximately $28,000.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Price Performance

RILYT traded down $0.01 during trading hours on Friday, hitting $16.89. 47,993 shares of the company’s stock were exchanged, compared to its average volume of 35,463. B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 has a 12-month low of $5.05 and a 12-month high of $19.69. The firm has a 50 day moving average of $17.14 and a 200 day moving average of $14.74.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Wednesday, April 15th will be paid a $0.375 dividend. The ex-dividend date is Wednesday, April 15th. This represents a $1.50 annualized dividend and a dividend yield of 8.9%.

About B. Riley Financial, Inc. 6.00% Senior Notes Due 2028

B. Riley Financial, Inc 6.00% Senior Notes Due 2028 (NASDAQ: RILYT) are unsecured, senior obligations of B. Riley Financial, Inc, a diversified financial services holding company. The notes bear interest at an annual rate of 6.00%, payable semi-annually, and mature in August 2028. As senior unsecured debt, these notes rank equally with other unsecured obligations of the company and are structurally subordinated to any secured debt.

B. Riley Financial, Inc provides a broad suite of services including investment banking, financial advisory, wealth management, merchant banking, and asset management.