Short Interest in B. Riley Financial, Inc. (NASDAQ:RILYP) Decreases By 88.2%

B. Riley Financial, Inc. (NASDAQ:RILYP) was the target of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 1,513 shares, a decline of 88.2% from the June 30th total of 12,817 shares. Based on an average trading volume of 16,090 shares, the days-to-cover ratio is presently 0.1 days.

B. Riley Financial Trading Up 0.1%

B. Riley Financial stock traded up $0.02 during mid-day trading on Friday, hitting $13.42. 2,593 shares of the company’s stock traded hands, compared to its average volume of 21,371. The firm has a 50 day simple moving average of $15.44 and a two-hundred day simple moving average of $12.44. B. Riley Financial has a fifty-two week low of $3.25 and a fifty-two week high of $17.52.

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.