Short Interest in Via Renewables, Inc. (NASDAQ:VIASP) Expands By 53.7%

Via Renewables, Inc. (NASDAQ:VIASP) saw a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 3,151 shares, a growth of 53.7% from the February 12th total of 2,050 shares. Based on an average daily trading volume, of 2,621 shares, the days-to-cover ratio is presently 1.2 days. Based on an average daily trading volume, of 2,621 shares, the days-to-cover ratio is presently 1.2 days.

Via Renewables Stock Up 0.4%

Shares of VIASP stock opened at $25.61 on Friday. The stock has a 50-day moving average of $25.54 and a 200-day moving average of $25.58. Via Renewables has a one year low of $22.00 and a one year high of $26.68.

Via Renewables Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 1st will be paid a $0.657 dividend. This represents a $2.63 annualized dividend and a yield of 10.3%. The ex-dividend date of this dividend is Wednesday, April 1st.

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.