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

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYTGet Free Report) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 12,520 shares, an increase of 65.9% from the July 15th total of 7,546 shares. Based on an average daily volume of 20,893 shares, the short-interest ratio is currently 0.6 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 stock. NBC Securities Inc. bought a new stake in B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYTFree Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 2,000 shares of the company’s stock, valued at approximately $28,000.

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

Shares of B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 stock traded down $0.01 on Monday, hitting $21.94. 11,398 shares of the company’s stock traded hands, compared to its average volume of 29,472. B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 has a 52-week low of $10.35 and a 52-week high of $22.20. The firm’s 50-day moving average is $20.79 and its 200 day moving average is $19.39.

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

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, October 31st. Shareholders of record on Thursday, October 15th will be paid a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a yield of 6.8%. The ex-dividend date is Thursday, October 15th.

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

(Get Free Report)

B. Riley Financial, Inc 6.00% Senior Notes Due 2028 (NASDAQ: RILYT) are unsecured, senior obligations of B. Riley Financial, Inc, a diversified financial services holding company. The notes bear interest at an annual rate of 6.00%, payable semi-annually, and mature in August 2028. As senior unsecured debt, these notes rank equally with other unsecured obligations of the company and are structurally subordinated to any secured debt.

B. Riley Financial, Inc provides a broad suite of services including investment banking, financial advisory, wealth management, merchant banking, and asset management.

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