B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) Sees Large Drop in Short Interest

B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN – Get Rating) was the recipient of a large decrease in short interest in the month of May. As of May 15th, there was short interest totalling 1,000 shares, a decrease of 52.4% from the April 30th total of 2,100 shares. Based on an average daily volume of 33,300 shares, the short-interest ratio is currently 0.0 days.

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

An institutional investor recently raised its position in B. Riley Financial, Inc. – 6.50 stock. Resources Management Corp CT ADV increased its position in B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN – Get Rating) by 10,487.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 42,350 shares of the company’s stock after acquiring an additional 41,950 shares during the quarter. Resources Management Corp CT ADV’s holdings in B. Riley Financial, Inc. – 6.50 were worth $394,000 at the end of the most recent quarter.

B. Riley Financial, Inc. – 6.50 Price Performance

Shares of NASDAQ:RILYN traded up $0.19 during trading on Friday, hitting $19.14. The company’s stock had a trading volume of 13,577 shares, compared to its average volume of 31,416. The company has a 50-day moving average of $19.04 and a 200-day moving average of $21.10. B. Riley Financial, Inc. – 6.50 has a 12 month low of $17.69 and a 12 month high of $25.16.