B. Riley Financial, Inc. (NASDAQ:RILYL) Sees Significant Growth in Short Interest

B. Riley Financial, Inc. (NASDAQ:RILYL) saw a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 5,700 shares, an increase of 714.3% from the October 15th total of 700 shares. Based on an average daily volume of 30,600 shares, the days-to-cover ratio is currently 0.2 days.

B. Riley Financial Stock Down 6.1 %

Shares of NASDAQ RILYL traded down $0.50 during midday trading on Wednesday, reaching $7.70. 6,749 shares of the stock were exchanged, compared to its average volume of 14,161. B. Riley Financial has a twelve month low of $4.11 and a twelve month high of $23.15. The company has a 50 day simple moving average of $8.63 and a 200 day simple moving average of $15.44.

B. Riley Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Monday, October 28th were paid a dividend of $0.4609 per share. The ex-dividend date of this dividend was Monday, October 28th. This represents a $1.84 annualized dividend and a yield of 23.94%.

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, the Asia Pacific, and Europe. The company operates through six segments: Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer.