B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) Short Interest Down 40.8% in July

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) was the target of a significant drop in short interest in July. As of July 31st, there was short interest totaling 4,851 shares, a drop of 40.8% from the July 15th total of 8,195 shares. Based on an average daily trading volume, of 8,800 shares, the days-to-cover ratio is presently 0.6 days.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Stock Down 0.3%

Shares of NASDAQ:RILYG traded down $0.07 during midday trading on Tuesday, reaching $24.56. The company had a trading volume of 7,204 shares, compared to its average volume of 23,171. B. Riley Financial, Inc. 5.00% Senior Notes due 2026 has a one year low of $15.42 and a one year high of $24.75. The stock’s fifty day moving average price is $24.44 and its 200-day moving average price is $23.72.

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

The company also recently announced a quarterly dividend, which will be paid on Saturday, October 31st. Stockholders of record on Thursday, October 15th will be given a $0.3125 dividend. The ex-dividend date is Thursday, October 15th. This represents a $1.25 annualized dividend and a dividend 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.