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) saw a large growth in short interest in February. As of February 13th, there was short interest totaling 3,176 shares, a growth of 45.3% from the January 29th total of 2,186 shares. Based on an average daily volume of 18,945 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 18,945 shares, the short-interest ratio is currently 0.2 days.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Stock Down 1.8%

Shares of B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 stock traded down $0.31 during trading on Friday, hitting $17.31. 42,604 shares of the stock traded hands, compared to its average volume of 34,459. The company has a fifty day moving average price of $16.62 and a two-hundred day moving average price of $14.53. B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 has a twelve month low of $5.05 and a twelve month high of $19.69.

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

The firm also recently announced a quarterly dividend, which was paid on Saturday, January 31st. Shareholders of record on Thursday, January 15th were given a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 8.7%. The ex-dividend date of this dividend was Thursday, January 15th.

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

A hedge fund recently bought a new stake in B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 stock. NBC Securities Inc. acquired a new stake in shares of B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,000 shares of the company’s stock, valued at approximately $28,000.

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.