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

Financial News Live ·  Jan 18, 2023 08:41

B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN – Get Rating) was the recipient of a significant increase in short interest during the month of December. As of December 30th, there was short interest totalling 34,900 shares, an increase of 711.6% from the December 15th total of 4,300 shares. Based on an average trading volume of 23,700 shares, the short-interest ratio is presently 1.5 days.

B. Riley Financial, Inc. – 6.50 Price Performance

RILYN traded up $0.07 on Tuesday, reaching $22.94. The company had a trading volume of 26,937 shares, compared to its average volume of 19,854. B. Riley Financial, Inc. – 6.50 has a 1 year low of $20.22 and a 1 year high of $26.00. The stock has a 50-day moving average price of $22.37 and a 200-day moving average price of $23.41.

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B. Riley Financial, Inc. – 6.50 Announces Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, January 31st. Stockholders of record on Friday, January 13th will be issued a $0.4063 dividend. The ex-dividend date of this dividend is Thursday, January 12th.

Institutional Investors Weigh In On B. Riley Financial, Inc. – 6.50

An institutional investor recently bought a new position in B. Riley Financial, Inc. – 6.50 stock. Connectus Wealth LLC bought a new stake in B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN – Get Rating) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 454,299 shares of the company's stock, valued at approximately $10,921,000.

Further Reading

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