Short Interest in Via Renewables, Inc. (NASDAQ:VIASP) Decreases By 45.5%

Via Renewables, Inc. (NASDAQ:VIASP) saw a significant decrease in short interest in June. As of June 15th, there was short interest totalling 3,600 shares, a decrease of 45.5% from the May 31st total of 6,600 shares. Based on an average daily volume of 17,700 shares, the days-to-cover ratio is presently 0.2 days.

Via Renewables Stock Down 1.9 %

NASDAQ VIASP traded down $0.45 during midday trading on Friday, hitting $23.75. 18,548 shares of the company traded hands, compared to its average volume of 17,130. The company’s 50-day simple moving average is $22.31 and its 200-day simple moving average is $20.49. Via Renewables has a 52 week low of $11.26 and a 52 week high of $24.35.

Via Renewables Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Monday, July 1st will be issued a dividend of $0.7605 per share. This represents a $3.04 annualized dividend and a dividend yield of 12.81%. The ex-dividend date of this dividend is Monday, July 1st. This is a positive change from Via Renewables’s previous quarterly dividend of $0.76.

Via Renewables Company Profile

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.