Via Renewables, Inc. (NASDAQ:VIASP – Get Free Report) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totalling 3,900 shares, an increase of 39.3% from the September 15th total of 2,800 shares. Based on an average daily volume of 13,100 shares, the days-to-cover ratio is currently 0.3 days.
Via Renewables Stock Up 0.6 %
Shares of NASDAQ VIASP traded up $0.12 during midday trading on Friday, reaching $20.50. The stock had a trading volume of 455 shares, compared to its average volume of 16,582. The company’s 50 day moving average price is $21.18 and its 200 day moving average price is $21.27. Via Renewables has a twelve month low of $15.89 and a twelve month high of $24.35.
Via Renewables Cuts Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Tuesday, October 1st will be paid a dividend of $0.7588 per share. This represents a $3.04 annualized dividend and a yield of 14.81%. The ex-dividend date is Tuesday, October 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.
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