Short Interest in Via Renewables, Inc. (NASDAQ:VIASP) Declines By 56.1%

Via Renewables, Inc. (NASDAQ:VIASP) saw a large drop in short interest in January. As of January 15th, there was short interest totalling 3,600 shares, a drop of 56.1% from the December 31st total of 8,200 shares. Based on an average daily volume of 7,400 shares, the short-interest ratio is currently 0.5 days.

Via Renewables Stock Performance

Shares of NASDAQ VIASP traded up $0.00 during mid-day trading on Thursday, reaching $22.58. 1,583 shares of the company traded hands, compared to its average volume of 5,057. The company’s fifty day moving average is $22.80 and its two-hundred day moving average is $21.62. Via Renewables has a fifty-two week low of $16.13 and a fifty-two week high of $24.35.

Via Renewables Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be issued a $0.6963 dividend. This represents a $2.79 dividend on an annualized basis and a yield of 12.33%. The ex-dividend date is Tuesday, April 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.