B. Riley Financial, Inc. (NASDAQ:RILYP) Sees Significant Drop in Short Interest

B. Riley Financial, Inc. (NASDAQ:RILYP – Get Free Report) was the target of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 1,340 shares, a decrease of 67.4% from the September 15th total of 4,109 shares. Based on an average trading volume of 13,105 shares, the short-interest ratio is currently 0.1 days.

B. Riley Financial Stock Performance

NASDAQ RILYP traded down $0.04 on Wednesday, hitting $8.98. The stock had a trading volume of 357 shares, compared to its average volume of 17,784. B. Riley Financial has a 52-week low of $3.25 and a 52-week high of $17.52. The firm has a 50-day moving average of $12.04 and a 200-day moving average of $13.39.

About B. Riley Financial

(Get Free Report)

B. Riley Financial, Inc is a diversified financial services holding company that has historically provided investment banking, institutional brokerage, wealth management, asset valuation, and corporate financial advisory services. The company has served public and private businesses, institutional investors, financial institutions, and high-net-worth individuals.

Its business activities have included capital raising and merger advisory services, securities research and trading, investment management, and wealth planning.

Further Reading

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