B. Riley Financial, Inc. (NASDAQ:RILYL – Get Free Report) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 6,366 shares, a growth of 78.7% from the April 15th total of 3,563 shares. Based on an average daily volume of 8,653 shares, the days-to-cover ratio is presently 0.7 days.
B. Riley Financial Stock Up 4.7%
Shares of RILYL stock opened at $16.40 on Tuesday. The business’s fifty day moving average price is $12.63 and its 200 day moving average price is $9.29. B. Riley Financial has a 1-year low of $1.77 and a 1-year high of $17.17.
About B. Riley Financial
B. Riley Financial, Inc (NASDAQ: RILYL) is a diversified financial services firm that delivers a broad spectrum of advisory, asset management, and capital markets solutions. The company’s capital markets segment provides investment banking, institutional brokerage, equity research, and financing services, helping corporate and institutional clients execute public and private transactions. Its wealth management business offers customized financial planning, portfolio management, retirement strategies, and estate planning for high-net-worth individuals and families.
In its financial advisory & restructuring division, B.
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