B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) Short Interest Down 98.0% in March

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 2,500 shares, a decrease of 98.0% from the February 28th total of 126,200 shares. Based on an average daily volume of 34,500 shares, the days-to-cover ratio is currently 0.1 days.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Price Performance

RILYT stock traded down $0.22 during midday trading on Friday, hitting $9.46. The stock had a trading volume of 4,129 shares, compared to its average volume of 40,193. The business has a 50-day moving average of $10.25 and a two-hundred day moving average of $10.13. B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 has a 52-week low of $6.19 and a 52-week high of $19.34.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 15th were paid a $0.375 dividend. The ex-dividend date was Wednesday, January 15th. This represents a $1.50 annualized dividend and a dividend yield of 15.85%.

About B. Riley Financial, Inc. 6.00% Senior Notes Due 2028

b. riley financial, inc. is a publicly traded, diversified financial services company which takes a collaborative approach to the capital raising and financial advisory needs of public and private companies and high net worth individuals. the company operates through several wholly-owned subsidiaries, including b.