Short Interest in B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) Rises By 222.9%

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 14,086 shares, an increase of 222.9% from the June 15th total of 4,362 shares. Based on an average trading volume of 20,104 shares, the days-to-cover ratio is currently 0.7 days.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Trading Up 0.1%

Shares of NASDAQ:RILYG opened at $24.45 on Monday. B. Riley Financial, Inc. 5.00% Senior Notes due 2026 has a 52 week low of $15.42 and a 52 week high of $24.75. The firm’s fifty day moving average is $24.35 and its 200-day moving average is $23.13.

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

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, October 31st. Stockholders of record on Thursday, October 15th will be given a dividend of $0.3125 per share. This represents a $1.25 dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date is Thursday, October 15th.

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

The B. Riley Financial, Inc 5.00% Senior Notes due 2026 are unsecured senior notes issued by B. Riley Financial, Inc, a diversified financial services holding company. The notes bear interest at a fixed rate of 5.00% per annum, payable semi-annually in arrears, and are scheduled to mature on September 15, 2026. As senior obligations, they rank equally with all of the company’s existing and future senior unsecured debt and are guaranteed by certain of its domestic subsidiaries.

B. Riley Financial, Inc provides a broad range of advisory and financing services to corporate and individual clients.