Short Interest in Via Renewables, Inc. (NASDAQ:VIASP) Declines By 80.7%
by Amy Steele · The Cerbat GemVia Renewables, Inc. (NASDAQ:VIASP – Get Free Report) was the recipient of a large decrease in short interest during the month of April. As of April 15th, there was short interest totaling 440 shares, a decrease of 80.7% from the March 31st total of 2,274 shares. Based on an average daily volume of 4,176 shares, the days-to-cover ratio is presently 0.1 days.
Via Renewables Price Performance
VIASP stock opened at $25.37 on Friday. Via Renewables has a twelve month low of $23.31 and a twelve month high of $26.68. The business’s 50-day simple moving average is $25.54 and its 200 day simple moving average is $25.52.
Via Renewables Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st will be issued a dividend of $0.657 per share. This represents a $2.63 dividend on an annualized basis and a dividend yield of 10.4%. The ex-dividend date of this dividend is Wednesday, July 1st. This is a positive change from Via Renewables’s previous quarterly dividend of $0.66.
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.