B. Riley Financial, Inc. (NASDAQ:RILYP) Sees Large Growth in Short Interest

B. Riley Financial, Inc. (NASDAQ:RILYP) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 5,500 shares, an increase of 103.7% from the November 30th total of 2,700 shares. Based on an average daily volume of 20,700 shares, the short-interest ratio is currently 0.3 days.

B. Riley Financial Price Performance

Shares of RILYP traded down $0.20 during trading hours on Friday, hitting $6.08. The company had a trading volume of 27,761 shares, compared to its average volume of 24,829. The business has a fifty day moving average of $7.61 and a 200-day moving average of $11.16. B. Riley Financial has a 12 month low of $3.81 and a 12 month high of $20.49.

B. Riley Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Monday, October 28th were given a $0.4297 dividend. This represents a $1.72 annualized dividend and a dividend yield of 28.27%. The ex-dividend date was Monday, October 28th.

About B. Riley Financial

B. Riley Financial, Inc, through its subsidiaries, provides financial services to corporate, institutional, and high net worth clients in North America, Australia, the Asia Pacific, and Europe. The company operates through six segments: Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer.