Short Interest in B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) Declines By 55.2%

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYGGet Free Report) was the target of a significant decrease in short interest in January. As of January 15th, there was short interest totaling 2,524 shares, a decrease of 55.2% from the December 31st total of 5,640 shares. Based on an average daily volume of 29,360 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 29,360 shares, the days-to-cover ratio is presently 0.1 days.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Price Performance

Shares of NASDAQ RILYG traded down $0.10 on Thursday, reaching $22.40. 38,422 shares of the company’s stock traded hands, compared to its average volume of 34,464. The business’s 50 day simple moving average is $19.71 and its two-hundred day simple moving average is $19.05. B. Riley Financial, Inc. 5.00% Senior Notes due 2026 has a 12 month low of $6.12 and a 12 month high of $23.65.

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

The firm 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 dividend of $0.3125 per share. This represents a $1.25 dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date of this dividend is Thursday, January 15th.

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

(Get Free Report)

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.

See Also

Receive News & Ratings for B. Riley Financial Inc. 5.00% Senior Notes due 2026 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for B. Riley Financial Inc. 5.00% Senior Notes due 2026 and related companies with MarketBeat.com's FREE daily email newsletter.