B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) Short Interest Down 40.8% in July

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) was the target of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 4,851 shares, a decline of 40.8% from the July 15th total of 8,195 shares. Based on an average daily volume of 8,800 shares, the days-to-cover ratio is currently 0.6 days.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Stock Up 0.0%

Shares of RILYG stock opened at $24.66 on Monday. The business’s fifty day simple moving average is $24.44 and its 200-day simple moving average is $23.71. B. Riley Financial, Inc. 5.00% Senior Notes due 2026 has a 12-month low of $15.42 and a 12-month high of $24.75.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Saturday, October 31st. Investors of record on Thursday, October 15th will be paid a dividend of $0.3125 per share. This represents a $1.25 annualized dividend and a yield of 5.1%. The ex-dividend date is Thursday, October 15th.

About B. Riley Financial, Inc. 5.00% Senior Notes due 2026

The B. Riley Financial, Inc 5.00% Senior Notes due 2026 are unsecured senior notes issued by B. Riley Financial, Inc, a diversified financial services holding company. The notes bear interest at a fixed rate of 5.00% per annum, payable semi-annually in arrears, and are scheduled to mature on September 15, 2026. As senior obligations, they rank equally with all of the company’s existing and future senior unsecured debt and are guaranteed by certain of its domestic subsidiaries.

B. Riley Financial, Inc provides a broad range of advisory and financing services to corporate and individual clients.