Via Renewables, Inc. (NASDAQ:VIASP) Sees Significant Decline in Short Interest

Via Renewables, Inc. (NASDAQ:VIASP) was the target of a significant decrease in short interest in April. As of April 15th, there was short interest totalling 1,700 shares, a decrease of 69.1% from the March 31st total of 5,500 shares. Based on an average daily trading volume, of 14,700 shares, the days-to-cover ratio is presently 0.1 days.

Via Renewables Trading Down 1.4 %

Shares of Via Renewables stock opened at $19.67 on Friday. The stock has a fifty day simple moving average of $19.96 and a 200 day simple moving average of $19.27. Via Renewables has a 12-month low of $10.08 and a 12-month high of $22.95.

Via Renewables Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Monday, July 1st will be issued a dividend of $0.7605 per share. The ex-dividend date is Monday, July 1st. This represents a $3.04 annualized dividend and a yield of 15.47%. This is an increase from Via Renewables’s previous quarterly dividend of $0.76.

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.