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

Via Renewables, Inc. (NASDAQ:VIASP) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 2,612 shares, a growth of 493.6% from the April 15th total of 440 shares. Based on an average daily volume of 4,605 shares, the short-interest ratio is presently 0.6 days.

Via Renewables Trading Up 0.5%

Shares of Via Renewables stock traded up $0.13 during trading on Thursday, hitting $25.52. 2,323 shares of the company were exchanged, compared to its average volume of 3,546. Via Renewables has a fifty-two week low of $24.52 and a fifty-two week high of $26.68. The firm has a 50 day moving average price of $25.50 and a 200 day moving average price of $25.52.

Via Renewables Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st will be issued a $0.657 dividend. This is a boost from Via Renewables’s previous quarterly dividend of $0.66. The ex-dividend date is Wednesday, July 1st. This represents a $2.63 annualized dividend and a yield of 10.3%.

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. 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.