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

B. Riley Financial, Inc. (NASDAQ:RILYP) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 9,600 shares, a growth of 74.5% from the December 15th total of 5,500 shares. Based on an average daily volume of 20,100 shares, the short-interest ratio is presently 0.5 days.

B. Riley Financial Stock Up 2.7 %

B. Riley Financial stock traded up $0.21 during mid-day trading on Friday, reaching $7.95. 17,788 shares of the company were exchanged, compared to its average volume of 9,226. The business has a fifty day moving average of $7.08 and a 200 day moving average of $10.03. 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 business also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Monday, October 28th were given a dividend of $0.4297 per share. This represents a $1.72 dividend on an annualized basis and a yield of 21.62%. The ex-dividend date of this dividend 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.