B. Riley Financial, Inc. (NASDAQ:RILYP) Short Interest Up 121.4% in May

B. Riley Financial, Inc. (NASDAQ:RILYPGet Free Report) was the target of a large increase in short interest in May. As of May 31st, there was short interest totalling 3,100 shares, an increase of 121.4% from the May 15th total of 1,400 shares. Based on an average trading volume of 14,700 shares, the days-to-cover ratio is presently 0.2 days.

B. Riley Financial Stock Performance

RILYP traded down $0.63 on Thursday, reaching $18.63. The company’s stock had a trading volume of 10,930 shares, compared to its average volume of 17,511. B. Riley Financial has a fifty-two week low of $12.25 and a fifty-two week high of $22.37. The stock has a 50 day moving average of $18.66 and a two-hundred day moving average of $17.31.

B. Riley Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Monday, April 22nd were issued a $0.4297 dividend. This represents a $1.72 annualized dividend and a dividend yield of 9.23%. The ex-dividend date of this dividend was Friday, April 19th.

B. Riley Financial Company Profile

(Get Free Report)

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.

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