Short Interest in B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 (NASDAQ:RILYK) Expands By 24.0%

B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 (NASDAQ:RILYK) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totalling 157,900 shares, a growth of 24.0% from the September 15th total of 127,300 shares. Based on an average trading volume of 52,800 shares, the short-interest ratio is currently 3.0 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 stock. Thompson Investment Management Inc. purchased a new position in B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 (NASDAQ:RILYK) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 3,000 shares of the company’s stock, valued at approximately $57,000.

B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 Trading Down 2.1 %

NASDAQ RILYK traded down $0.37 on Tuesday, reaching $16.94. 23,487 shares of the stock traded hands, compared to its average volume of 30,488. B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 has a 12 month low of $9.00 and a 12 month high of $22.70. The company has a fifty day moving average price of $16.29 and a 200-day moving average price of $19.33.

B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 Announces Dividend

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 issued a $0.3438 dividend. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $1.38 annualized dividend and a dividend yield of 8.12%.

B. Riley Financial, Inc. 5.50% Senior Notes Due 2026 Company Profile

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.