Via Renewables, Inc. (NASDAQ:VIASP – Get Free Report) was the recipient of a large drop in short interest in June. As of June 15th, there was short interest totaling 70 shares, a drop of 98.2% from the May 31st total of 3,788 shares. Based on an average daily volume of 7,077 shares, the short-interest ratio is currently 0.0 days.
Via Renewables Trading Up 0.0%
Shares of VIASP stock traded up $0.01 during mid-day trading on Thursday, reaching $25.58. The stock had a trading volume of 3,149 shares, compared to its average volume of 3,837. Via Renewables has a 12-month low of $24.88 and a 12-month high of $26.68. The business has a 50-day simple moving average of $25.52 and a 200 day simple moving average of $25.54.
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 represents a $2.63 annualized dividend and a dividend yield of 10.3%. This is a boost from Via Renewables’s previous quarterly dividend of $0.66. The ex-dividend date of this dividend is Wednesday, July 1st.
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.
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