B. Riley Financial, Inc. 5.25% Senior Notes due 2028 (NASDAQ:RILYZ) Trading Up 1.3% – What’s Next?

B. Riley Financial, Inc. 5.25% Senior Notes due 2028 (NASDAQ:RILYZGet Free Report)’s stock price shot up 1.3% on Thursday . The stock traded as high as $18.81 and last traded at $18.67. Approximately 15,244 shares changed hands during mid-day trading, a decline of 67% from the average daily volume of 45,632 shares. The stock had previously closed at $18.43.

B. Riley Financial, Inc. 5.25% Senior Notes due 2028 Trading Up 0.4%

The stock has a 50-day moving average price of $19.33 and a 200-day moving average price of $16.93.

B. Riley Financial, Inc. 5.25% Senior Notes due 2028 Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Saturday, October 31st. Shareholders of record on Thursday, October 15th will be given a dividend of $0.3281 per share. The ex-dividend date is Thursday, October 15th. This represents a $1.31 annualized dividend and a yield of 7.0%.

Hedge Funds Weigh In On B. Riley Financial, Inc. 5.25% Senior Notes due 2028

An institutional investor recently raised its position in B. Riley Financial, Inc. 5.25% Senior Notes due 2028 stock. NBC Securities Inc. grew its stake in shares of B. Riley Financial, Inc. 5.25% Senior Notes due 2028 (NASDAQ:RILYZFree Report) by 153.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,300 shares of the company’s stock after buying an additional 2,000 shares during the quarter. NBC Securities Inc.’s holdings in B. Riley Financial, Inc. 5.25% Senior Notes due 2028 were worth $41,000 at the end of the most recent quarter.

About B. Riley Financial, Inc. 5.25% Senior Notes due 2028

(Get Free Report)

B. Riley Financial, Inc is a diversified financial services firm headquartered in Los Angeles, California. Since its founding in 1997, the company has expanded to offer a broad suite of advisory, financing and investment solutions across several industry verticals. Its principal business activities include investment banking, corporate finance, financial consulting, valuation and advisory services, restructuring and reorganization, merchant banking, asset management and brokerage services. B. Riley serves a wide range of clients, including middle-market and large-cap companies, as well as institutional investors, private equity sponsors and other financial institutions.

In May 2023, B.

Further Reading

Receive News & Ratings for B. Riley Financial Inc. 5.25% Senior Notes due 2028 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for B. Riley Financial Inc. 5.25% Senior Notes due 2028 and related companies with MarketBeat.com's FREE daily email newsletter.