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

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

Via Renewables Stock Down 0.2 %

NASDAQ VIASP traded down $0.04 during trading hours on Friday, hitting $23.58. 5,286 shares of the company’s stock traded hands, compared to its average volume of 14,734. The firm’s 50-day moving average is $22.01 and its 200-day moving average is $21.46. Via Renewables has a 52-week low of $16.00 and a 52-week high of $24.35.

Via Renewables Cuts Dividend

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

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.