Short Interest in B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) Declines By 41.8%

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 8,195 shares, a decline of 41.8% from the June 30th total of 14,086 shares. Based on an average daily volume of 4,662 shares, the days-to-cover ratio is presently 1.8 days.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Trading Down 0.4%

NASDAQ RILYG opened at $24.27 on Friday. The firm has a 50-day simple moving average of $24.42 and a 200 day simple moving average of $23.54. B. Riley Financial, Inc. 5.00% Senior Notes due 2026 has a twelve month low of $15.42 and a twelve month high of $24.75.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Saturday, October 31st. Shareholders of record on Thursday, October 15th will be given a $0.3125 dividend. The ex-dividend date is Thursday, October 15th. This represents a $1.25 dividend on an annualized basis and a dividend yield of 5.1%.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Company Profile

The B. Riley Financial, Inc 5.00% Senior Notes due 2026 are unsecured senior notes issued by B. Riley Financial, Inc, a diversified financial services holding company. The notes bear interest at a fixed rate of 5.00% per annum, payable semi-annually in arrears, and are scheduled to mature on September 15, 2026. As senior obligations, they rank equally with all of the company’s existing and future senior unsecured debt and are guaranteed by certain of its domestic subsidiaries.

B. Riley Financial, Inc provides a broad range of advisory and financing services to corporate and individual clients.