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

Via Renewables, Inc. (NASDAQ:VIASP) was the target of a large increase in short interest in December. As of December 15th, there was short interest totalling 7,300 shares, an increase of 108.6% from the November 30th total of 3,500 shares. Based on an average daily volume of 9,300 shares, the short-interest ratio is currently 0.8 days.

Via Renewables Price Performance

Shares of NASDAQ VIASP traded down $0.04 during midday trading on Friday, reaching $23.58. 5,286 shares of the company’s stock traded hands, compared to its average volume of 14,734. Via Renewables has a one year low of $16.00 and a one year high of $24.35. The stock’s 50 day simple moving average is $22.01 and its 200-day simple moving average is $21.46.

Via Renewables Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 1st will be paid a dividend of $0.7185 per share. This represents a $2.87 annualized dividend and a yield of 12.19%. The ex-dividend date is Tuesday, December 31st.

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.