Short Interest in B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) Rises By 19.0%

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 666,700 shares, an increase of 19.0% from the November 30th total of 560,300 shares. Based on an average daily trading volume, of 61,700 shares, the short-interest ratio is currently 10.8 days.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Price Performance

NASDAQ:RILYG traded up $0.31 during mid-day trading on Tuesday, hitting $11.99. 16,218 shares of the stock traded hands, compared to its average volume of 44,799. The business’s 50-day moving average price is $12.28 and its 200 day moving average price is $13.63. B. Riley Financial, Inc. 5.00% Senior Notes due 2026 has a 12-month low of $6.87 and a 12-month high of $19.76.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be issued a dividend of $0.3125 per share. This represents a $1.25 annualized dividend and a yield of 10.43%. The ex-dividend date is Wednesday, January 15th.

About B. Riley Financial, Inc. 5.00% Senior Notes due 2026

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.