B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) Sees Large Increase in Short Interest

B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 8,860 shares, a growth of 92.4% from the June 30th total of 4,605 shares. Based on an average trading volume of 14,992 shares, the days-to-cover ratio is currently 0.6 days.

B. Riley Financial, Inc. – 6.50 Stock Up 0.2%

Shares of B. Riley Financial, Inc. – 6.50 stock opened at $24.88 on Thursday. The stock’s fifty day moving average is $24.91 and its 200 day moving average is $24.23. B. Riley Financial, Inc. – 6.50 has a one year low of $17.40 and a one year high of $25.07.

B. Riley Financial, Inc. – 6.50 Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be paid a dividend of $0.4063 per share. This represents a $1.62 annualized dividend and a yield of 6.5%. The ex-dividend date of this dividend is Wednesday, July 15th.

About B. Riley Financial, Inc. – 6.50

B. Riley Financial, Inc (NASDAQ: RILYN) is a diversified financial services firm that offers an integrated suite of advisory, investment, and restructuring solutions. Founded in 1997 and headquartered in Los Angeles, the company provides services across several key segments, including investment banking and capital markets, asset management, auction and liquidation, valuation and appraisal, restructuring and advisory, and merchant capital. Its broad platform enables clients to access tailored financing, strategic guidance and execution support across both public and private markets.

In its investment banking and capital markets business, B.