B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) Short Interest Down 18.3% in April

B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) was the recipient of a large drop in short interest in April. As of April 15th, there was short interest totalling 138,700 shares, a drop of 18.3% from the March 31st total of 169,800 shares. Based on an average daily trading volume, of 44,100 shares, the days-to-cover ratio is currently 3.1 days.

Institutional Trading of B. Riley Financial, Inc. – 6.50

An institutional investor recently bought a new position in B. Riley Financial, Inc. – 6.50 stock. Archer Investment Corp purchased a new position in B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,000 shares of the company’s stock, valued at approximately $69,000.

B. Riley Financial, Inc. – 6.50 Trading Up 0.7 %

NASDAQ RILYN traded up $0.14 during trading hours on Friday, reaching $20.90. 47,677 shares of the stock traded hands, compared to its average volume of 43,144. The stock has a 50 day simple moving average of $17.71 and a two-hundred day simple moving average of $18.17. B. Riley Financial, Inc. – 6.50 has a 1 year low of $13.69 and a 1 year high of $22.79.

B. Riley Financial, Inc. – 6.50 Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Monday, April 15th will be given a $0.4063 dividend. The ex-dividend date is Friday, April 12th. This represents a $1.63 annualized dividend and a dividend yield of 7.78%.

B. Riley Financial, Inc. – 6.50 Company Profile

b. riley financial, inc. is a publicly traded, diversified financial services company which takes a collaborative approach to the capital raising and financial advisory needs of public and private companies and high net worth individuals. the company operates through several wholly-owned subsidiaries, including b.