BUZZ-B. Riley set to end February on strong note

Reuters

03-01

BUZZ-B. Riley set to end February on strong note

** Shares of investment bank B. Riley Financial RILY.O jump as much as 17.6%

** Stock has more than doubled so far this week and is set for third straight session of gains

** RILY, on Thursday, announced $160 million debt facility from Oaktree that helped it pay off its Nomura loan

** Stock, earlier this week, also regained Nasdaq compliance after filing of delayed Q3 10Q

** Bank has been in heightened turmoil since August, when it suspended its dividend and forecast huge losses due to exposure to Vitamin Shoppe-owner

** RILY has short interest of 29.1%, according to data compiled by LSEG

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))

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Riley set to end February on strong note\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-03-01 01:03</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-B. Riley set to end February on strong note</title></head><body><p>** Shares of investment bank B. 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