B. Riley Financial, Inc. (NASDAQ:RILYP) Short Interest Down 68.6% in December

B. Riley Financial, Inc. (NASDAQ:RILYP) was the recipient of a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 1,381 shares, a drop of 68.6% from the December 15th total of 4,401 shares. Based on an average daily trading volume, of 44,222 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 44,222 shares, the days-to-cover ratio is presently 0.0 days.

B. Riley Financial Stock Performance

Shares of NASDAQ RILYP opened at $8.50 on Tuesday. The firm has a fifty day simple moving average of $4.89 and a two-hundred day simple moving average of $5.40. B. Riley Financial has a 12 month low of $1.73 and a 12 month high of $8.84.

B. Riley Financial Company Profile

B. Riley Financial is a diversified financial services holding company headquartered in Los Angeles, California. The firm offers a broad suite of services designed to support corporate, institutional and private clients across the full spectrum of capital markets and advisory needs. Its core business activities encompass investment banking, asset management, valuation and appraisal services, turnaround and restructuring advisory, liquidation and auction services, and various financing solutions.

Since its founding in 1997 by Chairman and Chief Executive Officer Bryant Riley, B.