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

Via Renewables, Inc. (NASDAQ:VIASP) was the recipient of a large increase in short interest in March. As of March 15th, there was short interest totalling 9,800 shares, an increase of 345.5% from the February 29th total of 2,200 shares. Based on an average trading volume of 16,600 shares, the short-interest ratio is currently 0.6 days.

Via Renewables Stock Up 6.5 %

Shares of Via Renewables stock opened at $22.43 on Thursday. Via Renewables has a one year low of $10.08 and a one year high of $22.95. The business has a 50-day simple moving average of $19.14 and a 200 day simple moving average of $19.00.

Via Renewables Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 15th. Investors of record on Monday, April 1st will be given a $0.7596 dividend. This represents a $3.04 dividend on an annualized basis and a yield of 13.55%. The ex-dividend date is Thursday, March 28th.

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.