B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) Sees Significant Growth in Short Interest

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 14,086 shares, an increase of 222.9% from the June 15th total of 4,362 shares. Based on an average daily volume of 20,104 shares, the days-to-cover ratio is presently 0.7 days.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Stock Up 0.2%

Shares of RILYG opened at $24.62 on Wednesday. The company has a 50 day moving average price of $24.38 and a 200-day moving average price of $23.20. B. Riley Financial, Inc. 5.00% Senior Notes due 2026 has a fifty-two week low of $15.42 and a fifty-two week high of $24.75.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, October 31st. Investors of record on Thursday, October 15th will be paid a $0.3125 dividend. The ex-dividend date of this dividend is Thursday, October 15th. This represents a $1.25 dividend on an annualized basis and a yield of 5.1%.

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

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.