B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) Short Interest Update

B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) saw a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 138,700 shares, a decrease of 18.3% from the March 31st total of 169,800 shares. Based on an average daily volume of 44,100 shares, the days-to-cover ratio is presently 3.1 days.

B. Riley Financial, Inc. – 6.50 Stock Performance

NASDAQ RILYN traded up $0.20 during trading hours on Monday, reaching $21.10. The company’s stock had a trading volume of 38,406 shares, compared to its average volume of 43,085. B. Riley Financial, Inc. – 6.50 has a 1-year low of $13.69 and a 1-year high of $22.79. The company’s 50-day moving average is $17.71 and its two-hundred day moving average is $18.14.

B. Riley Financial, Inc. – 6.50 Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Monday, April 15th will be issued a dividend of $0.4063 per share. The ex-dividend date of this dividend is Friday, April 12th. This represents a $1.63 dividend on an annualized basis and a dividend yield of 7.70%.

Hedge Funds Weigh In On B. Riley Financial, Inc. – 6.50

A hedge fund recently bought a new stake in B. Riley Financial, Inc. – 6.50 stock. Archer Investment Corp purchased a new stake in B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 4,000 shares of the company’s stock, valued at approximately $69,000.

About B. Riley Financial, Inc. – 6.50

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.