Short Interest in B. Riley Financial, Inc. (NASDAQ:RILYP) Declines By 68.0%

B. Riley Financial, Inc. (NASDAQ:RILYP) was the target of a large drop in short interest in March. As of March 15th, there was short interest totalling 800 shares, a drop of 68.0% from the February 29th total of 2,500 shares. Based on an average trading volume of 21,000 shares, the short-interest ratio is currently 0.0 days.

B. Riley Financial Stock Performance

B. Riley Financial stock traded up $0.49 during midday trading on Thursday, reaching $15.39. The company’s stock had a trading volume of 19,635 shares, compared to its average volume of 21,065. B. Riley Financial has a 52 week low of $12.25 and a 52 week high of $22.37. The business has a 50-day moving average price of $15.86 and a 200-day moving average price of $17.61.

B. Riley Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 31st. Stockholders of record on Monday, January 22nd were paid a $0.4297 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 11.17%. The ex-dividend date was Friday, January 19th.

B. Riley Financial Company Profile

B. Riley Financial, Inc, through its subsidiaries, provides financial services to corporate, institutional, and high net worth clients in North America, Australia, and Europe. The company operates through six segments: Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer.