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

by · The Markets Daily

B. Riley Financial, Inc. (NASDAQ:RILYP – Get Free Report) saw a large decline in short interest in June. As of June 15th, there was short interest totaling 8,365 shares, a decline of 44.1% from the May 31st total of 14,960 shares. Based on an average daily trading volume, of 11,711 shares, the days-to-cover ratio is presently 0.7 days.

B. Riley Financial Stock Performance

Shares of B. Riley Financial stock traded down $0.51 on Wednesday, reaching $13.60. 65,862 shares of the stock were exchanged, compared to its average volume of 22,755. The firm’s 50 day moving average is $15.20 and its 200-day moving average is $11.34. B. Riley Financial has a one year low of $2.00 and a one year high of $17.52.

B. Riley Financial Company Profile

(Get Free Report)

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.

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