B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) Sees Large Decrease in Short Interest

B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) was the target of a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 9,903 shares, a drop of 36.7% from the December 15th total of 15,652 shares. Based on an average daily volume of 34,830 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 34,830 shares, the short-interest ratio is presently 0.3 days.

B. Riley Financial, Inc. – 6.50 Price Performance

Shares of B. Riley Financial, Inc. – 6.50 stock opened at $23.50 on Friday. B. Riley Financial, Inc. – 6.50 has a fifty-two week low of $7.98 and a fifty-two week high of $23.76. The business has a 50-day moving average price of $20.54 and a 200 day moving average price of $19.83.

B. Riley Financial, Inc. – 6.50 Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Saturday, January 31st. Stockholders of record on Thursday, January 15th will be issued a $0.4063 dividend. This represents a $1.63 dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date is Thursday, January 15th.

About B. Riley Financial, Inc. – 6.50

B. Riley Financial, Inc (NASDAQ: RILYN) is a diversified financial services firm that offers an integrated suite of advisory, investment, and restructuring solutions. Founded in 1997 and headquartered in Los Angeles, the company provides services across several key segments, including investment banking and capital markets, asset management, auction and liquidation, valuation and appraisal, restructuring and advisory, and merchant capital. Its broad platform enables clients to access tailored financing, strategic guidance and execution support across both public and private markets.

In its investment banking and capital markets business, B.