Via Renewables, Inc. (NASDAQ:VIASP) Sees Large Increase in Short Interest

Via Renewables, Inc. (NASDAQ:VIASP) was the recipient of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 1,061 shares, a growth of 95.4% from the January 15th total of 543 shares. Based on an average daily trading volume, of 4,216 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 4,216 shares, the days-to-cover ratio is currently 0.3 days.

Via Renewables Trading Up 0.6%

Shares of VIASP stock opened at $25.69 on Friday. Via Renewables has a 12 month low of $22.00 and a 12 month high of $26.68. The stock has a 50 day moving average of $25.54 and a 200-day moving average of $25.57.

Via Renewables Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 1st will be issued a $0.657 dividend. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a $2.63 dividend on an annualized basis and a yield of 10.2%.

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. The Retail Natural Gas segment is involved in the transportation, distribution, and sale of natural gas to residential and commercial customers. It also provides broker services for retail energy customers; and wireless services and equipment to wireless customers.