B. Riley Financial, Inc. 5.25% Senior Notes due 2028 (NASDAQ:RILYZ) Shares Shorted: Short Interest Down 99.0% in September

B. Riley Financial, Inc. 5.25% Senior Notes due 2028 (NASDAQ:RILYZ) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 6,626 shares, a decrease of 99.0% from the September 15th total of 695,733 shares. Based on an average trading volume of 87,496 shares, the days-to-cover ratio is presently 0.1 days.

B. Riley Financial, Inc. 5.25% Senior Notes due 2028 Price Performance

NASDAQ:RILYZ opened at $18.85 on Friday. The firm has a 50 day moving average of $19.89 and a 200 day moving average of $18.95. B. Riley Financial, Inc. 5.25% Senior Notes due 2028 has a 52 week low of $8.65 and a 52 week high of $21.10.

B. Riley Financial, Inc. 5.25% Senior Notes due 2028 Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Saturday, October 31st. Investors of record on Thursday, October 15th will be given a dividend of $0.3281 per share. This represents a $1.31 annualized dividend and a yield of 7.0%. The ex-dividend date is Thursday, October 15th.

B. Riley Financial, Inc. 5.25% Senior Notes due 2028 Company Profile

B. Riley Financial, Inc is a diversified financial services company that provides investment banking, institutional brokerage, wealth management, asset management and financial advisory services. Its clients include public and private companies, institutional investors, financial sponsors, high-net-worth individuals and other organizations.

The company also offers valuation, appraisal, liquidation, auction and restructuring services through its operating businesses. These capabilities support companies, lenders and investors in situations involving mergers and acquisitions, capital raising, corporate restructuring, asset disposition and the evaluation of businesses and their assets.

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