Short Interest in B. Riley Financial, Inc. (NASDAQ:RILYP) Grows By 155.8%

B. Riley Financial, Inc. (NASDAQ:RILYP) was the recipient of a significant increase in short interest during the month of March. As of March 31st, there was short interest totaling 6,819 shares, an increase of 155.8% from the March 15th total of 2,666 shares. Based on an average daily volume of 21,881 shares, the days-to-cover ratio is presently 0.3 days.

B. Riley Financial Price Performance

Shares of B. Riley Financial stock opened at $11.84 on Friday. B. Riley Financial has a 52 week low of $1.73 and a 52 week high of $14.50. The business has a 50 day moving average price of $10.36 and a 200-day moving average price of $7.57.

B. Riley Financial Company Profile

B. Riley Financial is a diversified financial services holding company headquartered in Los Angeles, California. The firm offers a broad suite of services designed to support corporate, institutional and private clients across the full spectrum of capital markets and advisory needs. Its core business activities encompass investment banking, asset management, valuation and appraisal services, turnaround and restructuring advisory, liquidation and auction services, and various financing solutions.

Since its founding in 1997 by Chairman and Chief Executive Officer Bryant Riley, B.