Via Renewables, Inc. (NASDAQ:VIASP) Short Interest Up 493.6% in April

Via Renewables, Inc. (NASDAQ:VIASP) saw a large growth in short interest in 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 days-to-cover ratio is currently 0.6 days.

Via Renewables Price Performance

VIASP stock traded down $0.05 during mid-day trading on Wednesday, reaching $25.40. The company had a trading volume of 2,820 shares, compared to its average volume of 3,560. The firm has a 50 day moving average of $25.50 and a 200 day moving average of $25.52. Via Renewables has a 12 month low of $24.52 and a 12 month high of $26.68.

Via Renewables Increases Dividend

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

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.