B. Riley Financial Inc (NASDAQ:RILY) Reports Increase in Sellers; Strong Momentum for Short Players

March 10, 2018 - By Adrian Erickson

 B. Riley Financial Inc (NASDAQ:RILY) Reports Increase in Sellers; Strong Momentum for Short Players

The stock of B. Riley Financial Inc (NASDAQ:RILY) registered an increase of 28.41% in short interest. RILY’s total short interest was 1.31M shares in March as published by FINRA. Its up 28.41% from 1.02 million shares, reported previously. With 46,300 shares average volume, it will take short sellers 28 days to cover their RILY’s short positions. The short interest to B. Riley Financial Inc’s float is 8.02%.

The stock increased 0.79% or $0.15 during the last trading session, reaching $19.15. About 93,173 shares traded or 67.67% up from the average. B. Riley Financial, Inc. (NASDAQ:RILY) has risen 43.98% since March 10, 2017 and is uptrending. It has outperformed by 27.28% the S&P500.

B. Riley Financial, Inc. provides financial services and solutions primarily in the United States and Europe. The company has market cap of $506.86 million. The firm operates in four divisions: Capital Markets, Auction and Liquidation, Valuation and Appraisal, and Principal Investments. It has a 39.9 P/E ratio. It offers merger and acquisitions, restructuring advisory, initial and secondary public offerings, institutional private placements, corporate finance, and research services, as well as equity securities trading services to corporate, institutional, and high net worth individual clients.

More news for B. Riley Financial, Inc. (NASDAQ:RILY) were recently published by: Globenewswire.com, which released: “B. Riley Financial Sets Fourth Quarter and Full Year 2017 Earnings Call for …” on March 01, 2018. Globenewswire.com‘s article titled: “B. Riley Financial Reports Fourth Quarter and Full Year 2017 Financial Results” and published on March 07, 2018 is yet another important article.

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