B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) Short Interest Down 18.3% in April

Posted by Matthew Jenks on May 1st, 2024

B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN – Get Free Report) was the target of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 138,700 shares, a decrease of 18.3% from the March 31st total of 169,800 shares. Based on an average daily trading volume, of 44,100 shares, the short-interest ratio is presently 3.1 days.

Hedge Funds 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. Archer Investment Corp bought a new position in shares of B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,000 shares of the company’s stock, valued at approximately $69,000.

B. Riley Financial, Inc. – 6.50 Trading Down 1.0 %

Shares of RILYN stock traded down $0.22 during midday trading on Tuesday, hitting $20.88. The company had a trading volume of 19,052 shares, compared to its average volume of 42,796. The company’s 50 day simple moving average is $17.93 and its 200 day simple moving average is $18.13. B. Riley Financial, Inc. – 6.50 has a 52-week low of $13.69 and a 52-week high of $22.79.

B. Riley Financial, Inc. – 6.50 Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Monday, April 15th will be paid a dividend of $0.4063 per share. This represents a $1.63 annualized dividend and a dividend yield of 7.78%. The ex-dividend date of this dividend is Friday, April 12th.

About B. Riley Financial, Inc. – 6.50

(Get Free Report)

b. riley financial, inc. is a publicly traded, diversified financial services company which takes a collaborative approach to the capital raising and financial advisory needs of public and private companies and high net worth individuals. the company operates through several wholly-owned subsidiaries, including b.