B. Riley Financial, Inc. (NASDAQ:RILYL) Short Interest Down 72.3% in July

B. Riley Financial, Inc. (NASDAQ:RILYLGet Free Report) saw a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 1,107 shares, a drop of 72.3% from the June 30th total of 3,993 shares. Based on an average daily trading volume, of 4,531 shares, the days-to-cover ratio is presently 0.2 days.

B. Riley Financial Stock Down 2.5%

Shares of RILYL stock traded down $0.34 during trading hours on Tuesday, hitting $13.34. The company’s stock had a trading volume of 13,879 shares, compared to its average volume of 12,281. B. Riley Financial has a 12-month low of $3.09 and a 12-month high of $18.08. The company has a 50 day moving average of $15.63 and a 200 day moving average of $13.06.

About B. Riley Financial

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B. Riley Financial, Inc (NASDAQ: RILYL) is a diversified financial services firm that delivers a broad spectrum of advisory, asset management, and capital markets solutions. The company’s capital markets segment provides investment banking, institutional brokerage, equity research, and financing services, helping corporate and institutional clients execute public and private transactions. Its wealth management business offers customized financial planning, portfolio management, retirement strategies, and estate planning for high-net-worth individuals and families.

In its financial advisory & restructuring division, B.

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