Short Interest in B. Riley Financial, Inc. (NASDAQ:RILYP) Drops By 65.5%

B. Riley Financial, Inc. (NASDAQ:RILYP) was the recipient of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 1,900 shares, a decline of 65.5% from the February 28th total of 5,500 shares. Based on an average trading volume of 16,800 shares, the days-to-cover ratio is currently 0.1 days.

B. Riley Financial Stock Performance

NASDAQ:RILYP traded down $0.06 during trading hours on Friday, reaching $3.78. The stock had a trading volume of 7,506 shares, compared to its average volume of 23,729. B. Riley Financial has a 12-month low of $3.28 and a 12-month high of $20.49. The stock has a 50 day simple moving average of $4.82 and a 200 day simple moving average of $6.70.

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.