B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) Sees Significant Growth in Short Interest

Posted by Caroline Horne on Oct 28th, 2024

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT – Get Free Report) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 23,600 shares, a growth of 162.2% from the September 30th total of 9,000 shares. Based on an average daily volume of 73,600 shares, the days-to-cover ratio is currently 0.3 days.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Price Performance

NASDAQ:RILYT remained flat at $10.18 during mid-day trading on Monday. 7,565 shares of the company traded hands, compared to its average volume of 45,195. The company has a 50 day moving average price of $10.19 and a two-hundred day moving average price of $14.57. B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 has a 1-year low of $6.19 and a 1-year high of $20.00.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be given a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a yield of 14.73%. The ex-dividend date is Tuesday, October 15th.

About B. Riley Financial, Inc. 6.00% Senior Notes Due 2028

(Get Free Report)

b. riley financial, inc. is a publicly traded, diversified financial services company which takes a collaborative approach to the capital raising and financial advisory needs of public and private companies and high net worth individuals. the company operates through several wholly-owned subsidiaries, including b.