B. Riley Financial, Inc. (NASDAQ:RILYL) Stock Short Interest Falls 42.3%

B. Riley Financial, Inc. (NASDAQ:RILYL) was the recipient of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 956 shares, a decline of 42.3% from the September 30th total of 1,657 shares. Based on an average trading volume of 8,520 shares, the days-to-cover ratio is currently 0.1 days.

B. Riley Financial Stock Performance

Shares of NASDAQ RILYL traded down $0.03 during mid-day trading on Friday, reaching $8.44. The company’s stock had a trading volume of 3,468 shares, compared to its average volume of 10,612. B. Riley Financial has a 52 week low of $3.09 and a 52 week high of $18.08. The stock has a fifty day moving average of $11.06 and a two-hundred day moving average of $12.67.

About B. Riley Financial

B. Riley Financial, Inc is a diversified financial services holding company that provides investment banking, institutional brokerage, wealth management, asset management, valuation, and corporate financial services. Its businesses serve public and private companies, institutional investors, high-net-worth individuals, and other clients.

Through B. Riley Securities, the company offers investment banking and capital-markets services, including mergers and acquisitions advice, public and private securities offerings, equity and fixed-income trading, and institutional research.