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

B. Riley Financial, Inc. (NASDAQ:RILYL) saw a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 7,862 shares, an increase of 19.7% from the February 26th total of 6,570 shares. Based on an average daily volume of 11,378 shares, the short-interest ratio is presently 0.7 days.

B. Riley Financial Stock Performance

RILYL traded up $0.41 during trading on Tuesday, hitting $12.25. The stock had a trading volume of 55,781 shares, compared to its average volume of 15,412. The company has a 50 day moving average price of $10.87 and a 200-day moving average price of $7.63. B. Riley Financial has a one year low of $1.77 and a one year high of $14.80.

About B. Riley Financial

B. Riley Financial, Inc (NASDAQ: RILYL) is a diversified financial services firm that delivers a broad spectrum of advisory, asset management, and capital markets solutions. The company’s capital markets segment provides investment banking, institutional brokerage, equity research, and financing services, helping corporate and institutional clients execute public and private transactions. Its wealth management business offers customized financial planning, portfolio management, retirement strategies, and estate planning for high-net-worth individuals and families.

In its financial advisory & restructuring division, B.