B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) Sees Large Decline in Short Interest

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) saw a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 3,393 shares, a decrease of 78.9% from the December 31st total of 16,073 shares. Based on an average daily volume of 45,226 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 45,226 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On B. Riley Financial, Inc. 6.00% Senior Notes Due 2028

A hedge fund recently bought a new position in B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 stock. NBC Securities Inc. purchased a new stake in B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 2,000 shares of the company’s stock, valued at approximately $28,000.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Trading Down 1.0%

Shares of B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 stock traded down $0.18 during trading on Thursday, reaching $17.05. The company’s stock had a trading volume of 50,607 shares, compared to its average volume of 52,206. B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 has a 52 week low of $5.05 and a 52 week high of $19.69. The business’s 50-day moving average price is $14.36 and its 200-day moving average price is $13.66.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Saturday, January 31st. Shareholders of record on Thursday, January 15th will be given a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a dividend yield of 8.8%. The ex-dividend date is Thursday, January 15th.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Company Profile

B. Riley Financial, Inc 6.00% Senior Notes Due 2028 (NASDAQ: RILYT) are unsecured, senior obligations of B. Riley Financial, Inc, a diversified financial services holding company. The notes bear interest at an annual rate of 6.00%, payable semi-annually, and mature in August 2028. As senior unsecured debt, these notes rank equally with other unsecured obligations of the company and are structurally subordinated to any secured debt.

B. Riley Financial, Inc provides a broad suite of services including investment banking, financial advisory, wealth management, merchant banking, and asset management.