B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) Short Interest Up 130.9% in February

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) was the target of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 7,332 shares, an increase of 130.9% from the February 12th total of 3,176 shares. Based on an average daily trading volume, of 14,380 shares, the short-interest ratio is presently 0.5 days. Based on an average daily trading volume, of 14,380 shares, the short-interest ratio is presently 0.5 days.

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

Shares of RILYT stock opened at $16.74 on Friday. The business has a 50 day moving average of $17.20 and a two-hundred day moving average of $14.76. B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 has a 52 week low of $5.05 and a 52 week high of $19.69.

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

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Wednesday, April 15th will be given a dividend of $0.375 per share. The ex-dividend date is Wednesday, April 15th. This represents a $1.50 dividend on an annualized basis and a yield of 9.0%.

Institutional Investors Weigh In On B. Riley Financial, Inc. 6.00% Senior Notes Due 2028

An institutional investor recently bought a new position in B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 stock. NBC Securities Inc. bought a new stake in B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 2,000 shares of the company’s stock, valued at approximately $28,000.

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

B. Riley Financial, Inc 6.00% Senior Notes Due 2028 (NASDAQ: RILYT) are unsecured, senior obligations of B. Riley Financial, Inc, a diversified financial services holding company. The notes bear interest at an annual rate of 6.00%, payable semi-annually, and mature in August 2028. As senior unsecured debt, these notes rank equally with other unsecured obligations of the company and are structurally subordinated to any secured debt.

B. Riley Financial, Inc provides a broad suite of services including investment banking, financial advisory, wealth management, merchant banking, and asset management.