B. Riley Financial, Inc. (NASDAQ:RILYL – Get Free Report) saw a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 7,862 shares, an increase of 19.7% from the February 26th total of 6,570 shares. Based on an average daily volume of 11,378 shares, the days-to-cover ratio is presently 0.7 days.
B. Riley Financial Trading Up 3.5%
NASDAQ:RILYL opened at $12.25 on Wednesday. The business’s 50-day simple moving average is $10.88 and its 200-day simple moving average is $7.67. B. Riley Financial has a fifty-two week low of $1.77 and a fifty-two week high of $14.80.
B. Riley Financial Company Profile
B. Riley Financial, Inc (NASDAQ: RILYL) is a diversified financial services firm that delivers a broad spectrum of advisory, asset management, and capital markets solutions. The company’s capital markets segment provides investment banking, institutional brokerage, equity research, and financing services, helping corporate and institutional clients execute public and private transactions. Its wealth management business offers customized financial planning, portfolio management, retirement strategies, and estate planning for high-net-worth individuals and families.
In its financial advisory & restructuring division, B.
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