B. Riley Financial, Inc. (NASDAQ:RILYP – Get Free Report) saw a large drop in short interest during the month of February. As of February 27th, there was short interest totaling 6,938 shares, a drop of 20.7% from the February 12th total of 8,746 shares. Based on an average daily volume of 7,247 shares, the short-interest ratio is currently 1.0 days. Based on an average daily volume of 7,247 shares, the short-interest ratio is currently 1.0 days.
B. Riley Financial Stock Performance
Shares of NASDAQ:RILYP traded down $0.41 on Friday, hitting $9.06. 78,782 shares of the company were exchanged, compared to its average volume of 29,157. The company’s 50 day moving average price is $9.77 and its two-hundred day moving average price is $6.91. B. Riley Financial has a one year low of $1.73 and a one year high of $14.50.
B. Riley Financial Company Profile
B. Riley Financial is a diversified financial services holding company headquartered in Los Angeles, California. The firm offers a broad suite of services designed to support corporate, institutional and private clients across the full spectrum of capital markets and advisory needs. Its core business activities encompass investment banking, asset management, valuation and appraisal services, turnaround and restructuring advisory, liquidation and auction services, and various financing solutions.
Since its founding in 1997 by Chairman and Chief Executive Officer Bryant Riley, B.
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