Via Renewables, Inc. (NASDAQ:VIASP – Get Free Report) was the target of a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 5,600 shares, a growth of 107.4% from the January 31st total of 2,700 shares. Based on an average trading volume of 7,100 shares, the days-to-cover ratio is presently 0.8 days.
Via Renewables Stock Up 0.8 %
Shares of VIASP stock traded up $0.20 during trading hours on Friday, reaching $23.93. 11,879 shares of the stock traded hands, compared to its average volume of 5,935. Via Renewables has a 1-year low of $16.13 and a 1-year high of $24.35. The business has a fifty day moving average price of $23.18 and a 200 day moving average price of $22.13.
Via Renewables Cuts Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be paid a $0.6963 dividend. The ex-dividend date is Tuesday, April 1st. This represents a $2.79 annualized dividend and a yield of 11.64%.
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.
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