Via Renewables, Inc. (NASDAQ:VIASP – Get Free Report) was the target of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 6,600 shares, an increase of 20.0% from the March 15th total of 5,500 shares. Based on an average trading volume of 7,500 shares, the short-interest ratio is currently 0.9 days.
Via Renewables Price Performance
NASDAQ:VIASP opened at $23.10 on Monday. The company’s 50 day moving average is $23.57 and its 200-day moving average is $22.69. Via Renewables has a 12 month low of $16.13 and a 12 month high of $24.44.
Via Renewables Cuts Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 1st will be given a dividend of $0.6935 per share. This represents a $2.77 dividend on an annualized basis and a yield of 12.01%. The ex-dividend date of this dividend is Tuesday, July 1st.
About Via Renewables
Via Renewables, Inc, through its subsidiaries, operates as an independent retail energy services company in the United States. It operates through two segments, Retail Electricity and Retail Natural Gas. The Retail Electricity segment engages in the transmission and sale of electricity to residential and commercial customers.
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