Short Interest in Via Renewables, Inc. (NASDAQ:VIASP) Rises By 658.6%

Via Renewables, Inc. (NASDAQ:VIASP) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 531 shares, a growth of 658.6% from the June 15th total of 70 shares. Based on an average trading volume of 4,364 shares, the days-to-cover ratio is presently 0.1 days.

Via Renewables Price Performance

Shares of NASDAQ VIASP remained flat at $25.62 during mid-day trading on Monday. The stock has a 50-day moving average price of $25.56 and a 200 day moving average price of $25.54. Via Renewables has a one year low of $24.88 and a one year high of $26.68.

Via Renewables Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st will be given a $0.657 dividend. This represents a $2.63 dividend on an annualized basis and a yield of 10.3%. The ex-dividend date 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.