B. Riley Financial, Inc. (NASDAQ:RILYP – Get Free Report) was the recipient of a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 2,666 shares, a decrease of 61.6% from the February 26th total of 6,938 shares. Based on an average daily volume of 27,944 shares, the short-interest ratio is currently 0.1 days.
B. Riley Financial Trading Up 2.2%
Shares of NASDAQ RILYP opened at $11.70 on Friday. The stock has a fifty day moving average price of $10.18 and a 200 day moving average price of $7.17. B. Riley Financial has a 12-month low of $1.73 and a 12-month high of $14.50.
B. Riley Financial Company Profile
B. Riley Financial is a diversified financial services holding company headquartered in Los Angeles, California. The firm offers a broad suite of services designed to support corporate, institutional and private clients across the full spectrum of capital markets and advisory needs. Its core business activities encompass investment banking, asset management, valuation and appraisal services, turnaround and restructuring advisory, liquidation and auction services, and various financing solutions.
Since its founding in 1997 by Chairman and Chief Executive Officer Bryant Riley, B.
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