B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) Stock Short Interest Jumps 123.2%

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) saw a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 2,299 shares, a growth of 123.2% from the August 31st total of 1,030 shares. Based on an average trading volume of 16,006 shares, the days-to-cover ratio is currently 0.1 days.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Stock Down 0.3%

RILYT stock traded down $0.07 during midday trading on Monday, hitting $20.57. The company’s stock had a trading volume of 7,390 shares, compared to its average volume of 27,507. The stock’s 50-day moving average price is $21.12 and its 200 day moving average price is $20.20. B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 has a 1 year low of $10.35 and a 1 year high of $22.20.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Saturday, October 31st. Stockholders of record on Thursday, October 15th will be paid a dividend of $0.3750 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date is Thursday, October 15th.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Company Profile

B. Riley Financial, Inc is a diversified financial services holding company that provides investment banking, institutional brokerage, wealth management, asset management, and business advisory services. Through its operating subsidiaries, the company serves corporations, institutional investors, private equity firms, entrepreneurs, and high-net-worth individuals.

Its businesses include B. Riley Securities, which offers investment banking, equity and fixed-income research, institutional sales and trading, and capital-raising services; B.