Short Interest in B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) Decreases By 41.3%

Financial News Live · Jan 29, 2023 08:41

B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN – Get Rating) saw a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 20,500 shares, a decline of 41.3% from the December 31st total of 34,900 shares. Based on an average daily trading volume, of 24,300 shares, the short-interest ratio is presently 0.8 days.

B. Riley Financial, Inc. – 6.50 Stock Performance

Shares of B. Riley Financial, Inc. – 6.50 stock traded down $0.10 during trading hours on Friday, hitting $23.20. The company's stock had a trading volume of 15,697 shares, compared to its average volume of 17,167. B. Riley Financial, Inc. – 6.50 has a twelve month low of $20.22 and a twelve month high of $25.77. The firm has a fifty day moving average of $22.64 and a 200-day moving average of $23.34.

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B. Riley Financial, Inc. – 6.50 Announces Dividend

The business also recently declared a dividend, which will be paid on Tuesday, January 31st. Shareholders of record on Friday, January 13th will be issued a dividend of $0.4063 per share. The ex-dividend date is Thursday, January 12th.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in B. Riley Financial, Inc. – 6.50 stock. Connectus Wealth LLC acquired a new position in shares of B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN – Get Rating) in the third quarter, according to its most recent disclosure with the SEC. The firm acquired 454,299 shares of the company's stock, valued at approximately $10,921,000.

Short Interest in B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) Decreases By 41.3%

B. Riley Financial, Inc. – 6.50 Stock Performance

B. Riley Financial, Inc. – 6.50 Announces Dividend

Institutional Inflows and Outflows

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