Short Interest in B. Riley Financial, Inc. (NASDAQ:RILYL) Declines By 66.7%

B. Riley Financial, Inc. (NASDAQ:RILYLGet Free Report) saw a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 3,993 shares, a decline of 66.7% from the June 15th total of 12,006 shares. Based on an average trading volume of 8,678 shares, the days-to-cover ratio is currently 0.5 days.

B. Riley Financial Price Performance

B. Riley Financial stock opened at $14.40 on Monday. B. Riley Financial has a 12-month low of $3.09 and a 12-month high of $18.08. The firm has a 50 day moving average of $15.93 and a 200 day moving average of $12.38.

About B. Riley Financial

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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.

Further Reading

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