Short Interest in B. Riley Financial, Inc. (NASDAQ:RILYL) Declines By 52.0%

B. Riley Financial, Inc. (NASDAQ:RILYL) saw a large drop in short interest during the month of January. As of January 31st, there was short interest totalling 1,200 shares, a drop of 52.0% from the January 15th total of 2,500 shares. Based on an average trading volume of 22,300 shares, the days-to-cover ratio is currently 0.1 days.

B. Riley Financial Stock Performance

Shares of RILYL stock traded down $0.04 during trading on Thursday, reaching $5.02. 12,656 shares of the company’s stock traded hands, compared to its average volume of 16,892. B. Riley Financial has a 1 year low of $4.11 and a 1 year high of $23.15. The firm’s 50-day moving average is $6.57 and its 200 day moving average is $8.66.

B. Riley Financial Company Profile

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.