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

Via Renewables, Inc. (NASDAQ:VIASP) was the target of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 2,100 shares, a growth of 50.0% from the October 15th total of 1,400 shares. Based on an average daily volume of 7,500 shares, the days-to-cover ratio is currently 0.3 days.

Via Renewables Trading Up 2.6 %

Shares of VIASP stock traded up $0.57 during trading hours on Friday, hitting $22.11. 20,595 shares of the company were exchanged, compared to its average volume of 15,400. Via Renewables has a 1 year low of $16.00 and a 1 year high of $24.35. The firm has a fifty day moving average of $21.19 and a 200 day moving average of $21.39.

Via Renewables Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 1st will be issued 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 dividend yield of 13.00%.

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.