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

Via Renewables, Inc. (NASDAQ:VIASP) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 3,600 shares, a decrease of 56.1% from the December 31st total of 8,200 shares. Based on an average daily trading volume, of 7,400 shares, the days-to-cover ratio is presently 0.5 days.

Via Renewables Trading Up 1.0 %

Via Renewables stock traded up $0.23 during mid-day trading on Friday, reaching $22.98. The company had a trading volume of 4,854 shares, compared to its average volume of 5,073. The stock’s 50-day simple moving average is $22.82 and its 200-day simple moving average is $21.64. Via Renewables has a 1 year low of $16.13 and a 1 year high of $24.35.

Via Renewables Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st will be paid a $0.6963 dividend. This represents a $2.79 annualized dividend and a yield of 12.12%. The ex-dividend date is Tuesday, April 1st.

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.