B. Riley Financial, Inc. (NASDAQ:RILYP) Sees Significant Drop in Short Interest

B. Riley Financial, Inc. (NASDAQ:RILYP) saw a large decline in short interest in October. As of October 31st, there was short interest totalling 31,300 shares, a decline of 38.5% from the October 15th total of 50,900 shares. Based on an average daily trading volume, of 52,100 shares, the short-interest ratio is currently 0.6 days.

B. Riley Financial Trading Up 2.3 %

RILYP traded up $0.17 on Friday, hitting $7.59. 18,296 shares of the company’s stock were exchanged, compared to its average volume of 26,063. The firm has a 50-day moving average price of $8.31 and a 200-day moving average price of $13.81. B. Riley Financial has a fifty-two week low of $3.81 and a fifty-two week high of $20.49.

B. Riley Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Shareholders of record on Monday, October 28th were paid a dividend of $0.4297 per share. This represents a $1.72 dividend on an annualized basis and a yield of 22.63%. The ex-dividend date was Monday, October 28th.

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.