B. Riley Financial, Inc. (NASDAQ:RILYL – Get Free Report) was the target of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 3,993 shares, a decline of 66.7% from the June 15th total of 12,006 shares. Based on an average daily volume of 8,678 shares, the days-to-cover ratio is presently 0.5 days.
B. Riley Financial Trading Up 0.1%
Shares of NASDAQ:RILYL opened at $14.40 on Monday. The firm’s 50 day moving average price is $15.93 and its 200-day moving average price is $12.38. B. Riley Financial has a twelve month low of $3.09 and a twelve month high of $18.08.
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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