B. Riley Financial, Inc. (NASDAQ:RILYL) Sees Large Growth in Short Interest

B. Riley Financial, Inc. (NASDAQ:RILYL) saw a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 5,700 shares, an increase of 714.3% from the October 15th total of 700 shares. Based on an average trading volume of 30,600 shares, the short-interest ratio is presently 0.2 days.

B. Riley Financial Stock Performance

RILYL traded down $0.50 on Wednesday, reaching $7.70. 6,749 shares of the company traded hands, compared to its average volume of 14,161. The stock’s 50 day moving average price is $8.63 and its 200-day moving average price is $15.44. B. Riley Financial has a 52-week low of $4.11 and a 52-week high of $23.15.

B. Riley Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Monday, October 28th were paid a dividend of $0.4609 per share. This represents a $1.84 annualized dividend and a yield of 23.94%. The ex-dividend date was Monday, October 28th.

About B. Riley Financial

B. Riley Financial, Inc, through its subsidiaries, provides financial services to corporate, institutional, and high net worth clients in North America, Australia, the Asia Pacific, and Europe. The company operates through six segments: Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer.