B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) Short Interest Down 62.4% in May

B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 1,490 shares, a decline of 62.4% from the April 30th total of 3,959 shares. Based on an average trading volume of 42,410 shares, the days-to-cover ratio is presently 0.0 days.

B. Riley Financial, Inc. – 6.50 Price Performance

Shares of RILYN opened at $25.00 on Friday. The stock has a 50-day moving average of $24.45 and a two-hundred day moving average of $22.77. B. Riley Financial, Inc. – 6.50 has a one year low of $10.36 and a one year high of $25.01.

B. Riley Financial, Inc. – 6.50 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be paid a dividend of $0.4063 per share. This represents a $1.63 annualized dividend and a yield of 6.5%. The ex-dividend date is Wednesday, July 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.