B. Riley Financial, Inc. (NASDAQ:RILYL) Short Interest Update

B. Riley Financial, Inc. (NASDAQ:RILYL) was the recipient of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 4,700 shares, an increase of 20.5% from the March 31st total of 3,900 shares. Based on an average daily trading volume, of 9,800 shares, the short-interest ratio is presently 0.5 days.

B. Riley Financial Price Performance

RILYL stock traded up $0.56 during mid-day trading on Tuesday, reaching $21.66. 3,562 shares of the stock traded hands, compared to its average volume of 10,473. The stock’s fifty day moving average is $18.02 and its 200-day moving average is $19.48. B. Riley Financial has a 52-week low of $14.26 and a 52-week high of $25.00.

B. Riley Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Monday, April 22nd will be given a dividend of $0.4609 per share. This represents a $1.84 annualized dividend and a yield of 8.51%. The ex-dividend date is Friday, April 19th.

About B. Riley Financial

B. Riley Financial, Inc, through its subsidiaries, provides financial services to corporate, institutional, and high net worth clients in North America, Australia, the Asia Pacific, and Europe. The company operates through six segments: Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer.