B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) Sees Significant Decrease in Short Interest

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) was the recipient of a large drop in short interest in July. As of July 15th, there was short interest totaling 8,195 shares, a drop of 41.8% from the June 30th total of 14,086 shares. Based on an average daily volume of 4,662 shares, the days-to-cover ratio is currently 1.8 days.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Trading Up 1.4%

Shares of RILYG stock opened at $24.71 on Friday. B. Riley Financial, Inc. 5.00% Senior Notes due 2026 has a 1 year low of $15.42 and a 1 year high of $24.75. The business’s fifty day moving average is $24.43 and its 200-day moving average is $23.55.

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

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

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

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.